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Recommended reader’s comments (Feb. 15)

(People's Daily Online)

13:28, February 16, 2012

★ Read: China, EU should cooperate calmly and rationally

1. Posted by Heinz Stiller at 2012-02-15 22:18:01
A very good article. Of course, Europe is relatively rich. German private wealth (real estate and money) alone is about 10.000 billion euros (American "billion").This is roughly the same amount as the total of Eurozone government debt. (15 per cent of German assets have to be deduced in order to make up for private debt, but the net sum is still impressive.)If you look into Italian private assets, you will find another impressive figure. So, the European "debt" crisis is not a question of the Eurozone going bankrupt. It is a solvency crisis, no matter what some Anglo commentators write. It is really not the poor saving the rich. It is rather a good investment, considering that Italian 10y bond yields are around 5.5 per cent. (More)

★ Read: Ceremony of State Top Scientific and Technological Award held in Beijing
2. Posted by eet at 2012-02-15 13:08:37
China was already one of world’s source for science and technology since several thousand years ago. Now, the younger generation, just make a breakthrough and innovation, to create a better life for mankind. (More)


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