How much will taxpayers shoulder?

[Palpy]

There was a colossal post here, but I figured a more elegant way to put it would be to just link to the summary of what Paulson presented to congress earlier in the year.

*Snip*

-Jester

From everything I've read and what I've been told by my Econ profs, that is about as straightforward a response you are going to get out of anyone from the Treasury Dept. or anyone with the Federal Reserve. They say one wrong thing and markets start crashing. It's clear they know what's going on and anyone familiar with economics can read between the lines on that statement.

As far as taking any action to prevent it, the US isn't in a great position to make demands to China.