As Bernanke's Federal Reserve crushes the US ecomomy, Asia will sink further into a deflationary spiral

Simply, if Asia's export market recovers then the US is 'officially' in recovery. But this aint gonna happen if as the Federal Reserve inflation machines start to wipe out US purchasing power

So when Asia's export markets collapse. their economies suffers (particularly Japan), Bloomberg

"Prices excluding fresh food slid 1.1 percent from a year earlier after dropping 0.1 percent in the preceding two months, the statistics bureau said today in Tokyo. It was the sharpest decrease since comparable figures were first compiled in 1971."

In my opinion China and the rest of Asia will try their hardest to devalue their currencies. With the US falling into inflation and the consumers getting crushed with what little savings they have (thanks to the 0% Fed rate). No one is going to be buying anything except for the essentials.

It's a pending Global economic collapse scenario.