I had a funny thought. Remember "Iraqi Freedom?" When I was visiting Grandma in the Ukraine, the US was at war with Iraq. My wife bought a potty chair for my baby daughter that was made in Iraq. I nicknamed it "Iraqi Crappi." Maybe the BRICS countries would do a deal with excess Chinese goods?
On the flipside, maybe the buyers at the big US Stores will still be buying Chinese goods after a severe mark-down by the manufacturers? Of course this always hurts the working class either way you look at it. Painful process until things settle out.
Dang, we're in a Sports slow time. March Madness is over, no football, Baseball just started. I'll have to revert to WWF.