主题：del -- MRandson

欧洲的债务情况是美、日、欧，三个经济体内最好的。

--Europe is better than Japan, but I am not sure about whether it is better than US. Do you have any data to support that unsupported conclusions?

Let me show some OECD 2008 below (percentage of GDP):

1. Italy--114.4% (big cheater through GS deal, unreliable too)

2. Greece-102.5% (totally a lie, unreliable at all)

3. Belgium-93.5%

France: 75.7%

Portugal: 75.2%

*Euro zone: 73.2%

US: 70.0%

Canada: 69.7%

*Germany: 68.8%

Austria: 66.2%

UK: 56.8%

Of course, 2009 deficit should be added. Currently I do not have data by the end of 2009.

You received rigorous Ph.D. training in Britain. I have to say that this post is too loose. But I really like your posts for your insights.

欧洲的事情，对中国是个警钟。地方财政破产，必然威胁整体经济安全。中国没有资格笑话欧洲。

--agree.

BTW, Europe is dead for sure. ECB shall finally compromise its principle and started to lend to PIGs banks next week. Thus market shall stablize a bit next week.

But in the long run, Euroland will be broken into pieces--that is the final objective of American elites and they will not let Europe slip this time.

Germans will pay price for their short-sightedness.