Whether there's a bailout plan or not, there's a crash looming on the horizon Jim Cramer told viewers of his "Mad Money" TV Show Thursday. He said that every company that exports commodities or helps ship commodities is in big trouble. Cramer said its as if the countries of Brazil, Russia, India and China, or BRIC as he calls them, have completely dropped off the map. These countries, once ravenous importers of commodities like oil, coal, steel, fertilizer, iron ore and aluminum have seen a sudden downward turn in demand, leaving U.S. exporters holding the bag. "It's impossible to know how low these commodities will go," said Cramer, but for companies like fertilizer maker Mosaic ( MOS), its a stunning turn of events. Cramer said these stocks, along with railroad companies such as CSX ( CSX) and Union Pacific ( UNP), are now the targets of relentless hedge fund selling as the commodities keep falling and fund redemptions keep growing. Cramer said even with a federal bailout package to save the U.S. economy, these export and transport stocks won't be saved since they're levered to the economies of the BRIC countries. Indeed, he said the only international stocks he would recommend are defensive and soft goods names like Heinz ( HNZ), General Mills ( GIS) and Colgate-Palmolive ( CL).
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