Ok, everyone, I tried out this strategy and ultimately conceded that game. Here’s the thread if you’re interested:
If you’re going to try this out, make sure Japan tries SOMETHING in S. America J3 to tie up the US for at least a few rounds. US had like $92 for most of the game, and the Axis dropping the ball in the Atlantic/Med made it WAY too easy for the US to whup up in Europe. Also, I played Italy like a demented retard, as the Italian BB had some awesome rolling killing TWO separate 95%+ UK attacks, and I also gave up a FREE IC in Egypt TWICE. Don’t let the True Neutrals distract Italy, especially if you’re lucky enough to have your BB survive UK1! Take Egypt and build/seize that IC on it!
Also, don’t throw away the German airforce in the Med trying to help the Italians, build a minor IC in Yugo and build subs or your fleet moved in from Gibraltar; I keep telling myself that every game, and every game I end up with just a few planes on the carrier by G3-4.