Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
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
[ Parent ]


Occasional Series