America Needs To Follow The

China Could Easily Emerge As The Great Winner If The Chinese Leaders Handle The Situation Well. On The Other Hand, They Could Also Turn Out To Be The Biggest Losers If They Handle It Poorly. If The Management Turns Out Be Wrong, This Could Lead To A Political Crisis In China.

There Is Always A Divergence Between Our Perception And What Actually Exists.

A Full And Fair Discussion Is Essential To Democracy.

There Is No Question That A Breakup Of The Euro Would Be Very Damaging, Very Costly, Both Financially And Politically. And The Biggest Loss Would Be Incurred By Germany. Germans Have To Bear In Mind That, Effectively, They Have Suffered Practically No Losses So Far. Transfers Have All Been In The Form Of Loans, And It Is Only When The Loans Are Not Repaid That Real Losses Will Be Incurred.

President George W. Bush Is Endangering The United States And The World's Safety While Undermining American Values.