Linking Historical Reconciliation and Security Cooperation in Northeast Asia

The New York Times Charts the Euro Crisis

November 3, 2011 · No Comments

Bill Marsh has done us all a great service by charting the complexities of the Euro crisis, in “It’s All Connected: A Spectator’s Guide to the Euro Crisis,” New York Times, October 24, 2011.  You will need a broad projection to print Marsh’s chart, but it shows how the United States and its European Union partners are indebted and in debt to each other —  while China, labelled as “the great unknown,” observes the evolving scene from afar, enjoying the world’s second largest economy and foreign currency reserves of more than $3 trillion.

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