The fact that we're having a plausible discussion about China lending money to the US and/or EU suggests that unofficially, the Yuan is now the world's reserve currency and that China is the lender or last resort.
And then a physiocrat, I suppose... By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
interesting... diary? ~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~