bak yim sing:

> http://www.chinese.rfi.fr/%E4%B8%AD%E5%9B%BD/20100410-%E6%AC%A7%E5%85%83%E5%8C%BA%E6%8B%85%E5%BF%83%E4%BA%BA%E6%B0%91%E5%B8%81%E5%8D%87%E5%80%BC%E5%BD%B1%E5%93%8D%E5%B8%8C%E8%85%8A%E8%B5%B0%E5%87%BA%E9%87%91%E8%9E%8D%E5%8D%B1%E6%9C%BA

The PIIGS induced crisis ....

Exposed the fatal flaws of the Euro. And served to highlight
the fact, that not all currencies are candidates to be world
world reserves.

Greece will face a deepening crisis regardless of RMB value.

The best solution is to let the PIIGS go from the Euro zone.
This way, they could have their own currencies, and do what-
ever are in their own best interests. A soft default, in the
form of currency devaluation is the tried and true way for a
country to wiggle out of crushing debt burdens.

Certainly, that is a slap on Euro's face ....

Regards,

Albert K. Fung
Rancho del Canto, Paso Robles, California, USA.

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