Also regarding china my point isn't regarding them be "fine"
But rather how interconnected and intertwined the global economy has become .... And how the west peak debt/living beyoun their means downward forces can only be counteracted if china is humming along with "bubblicious" growth rates...
You are seeing many US companies now warning citing not only the EU mess but also due to the weakness in Asia (whose high growth rates have kept them growing modestly overall while the west sputters along flat to slight down)
But rather how interconnected and intertwined the global economy has become .... And how the west peak debt/living beyoun their means downward forces can only be counteracted if china is humming along with "bubblicious" growth rates...
You are seeing many US companies now warning citing not only the EU mess but also due to the weakness in Asia (whose high growth rates have kept them growing modestly overall while the west sputters along flat to slight down)