Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
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As setser says, Europe is paying its imports with real money. It's true with China, and it's true with oil producers:



In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Mon Aug 28th, 2006 at 06:16:45 PM EST
Only the USofA gets a credit card.
by Richard Lyon (rllyon@gmail.com) on Mon Aug 28th, 2006 at 06:27:33 PM EST
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