An amusing juxtaposition. China could use its US dollar denominated reserves, or just stop growing those reserves, to purchase US coal and sell it at a loss while gradually increasing the cost of electricity. At least they HAVE that option and it is a lot less painful than the option being foisted on European societies by Mr. Market, which is to drive wage levels down so as to "compete" with those in China.

"It is not necessary to have hope in order to persevere."