the first time china's navy is participating and what is china's objective? nhk world reports. >> reporter: this is the naval military base in eastern thailand. the troops are a chinese navy, taking part in their first-ever joint training drills in thailand. >> translator: the joint drills will help chinese and thai naval forces deepen advertise and boost their capabilities. >> reporter: the chinese contingent taking part in the drills includes forces that specialize in operations. china is repeatedly increasing its military strength in light of what is economic growth. the countries in the china se in august the united states sent a nuclear power aircraft carrier to vietnam's coastal water. vietnamese military personnel were indwighted on-board suggesting that u.s. intends to remain engaged in issues concerning the south china sea. thailand has long been conducting annual joint exercises with the u.s. military. this is the first time china has sent such a large naval contingent into territory of the u.s. ally. >> translator: in china's eyes, the u.s. is once

we look at the economics of china and the politics of china and the change of china there is always the question of freedom of expression. we all know about the google controversy that took place. how would you characterize freedom of expression today in china? >> there are still regulations, censorship, frustration, that's for sure. but i also see progress, especially through the introduction of the internet. it has become a big public arena that more people will express their opinions towards public policies, pros and cons, and there have been many cases when abuses of power were reported on the internet and the huge public out cry would drive the government to be more spontaneous, to be more transparent, and also it directly led to the change of regulations or practices by the government. i think that is the progress that we have made. >> >> rose: and human rights? >> well, taking the example of, you know, people in custody or people in prison, there were cases reported through the internet that they were, you know, mistreated and then related personnel were punished, investigati

china's import. we do think. the ordinarily significant based appreciation of the real be would promote more growth to both of china and the global economy we do think that the success of you would be a good cover with this in the best interest of china we express our concerns as regards reason to worry about the speculation is concerned that the possibility of . this would be destructive as would be in the form of great protections. here's a gentleman trying to express the interest of china well every time i hear interests of china from people like you from from from financial tycoons i always ask myself interest of chinese business chinese government chinese people so what really do you think is in the chinese interests decreasing or increasing. the kind of seeing people business government in the long term in the long term of course appreciate in the constitution years for everybody and yes yes the problem is that until once again ideally a decade ago china was there with general powell one. fast draw in contr

and china has been very cautious. they decided to move with open and free enterprise system, to trade commerce, moving around, competing in business. it is almost free enterprise. but they decided to keep tight control by the communist party of the political system. i think in the future it is inevitable that china is going to have to liberalize their democratic system. as you probably noticed, 23 of the top chinese leaders, some of them out of office now, wrote a letter to who jintao recently, condemning the chinese government for tightening up on free speech. and so that has been -- that is kind of a burgeoning sort of effort in china to be more a point -- to be more open. they passed last year a law that ensures that some elements of access to information, freedom of information. the senate has been asked by the chinese government to help implement that law. tavis: there are two or three things you talk about in the book that represent mistakes you made, things you think you could have done better. in no particular

and china to see each other as adversaries. and we do look forward to work closely with china, both bilaterally and through key institutions as it takes on a greater role and at the same time takes on more responsibility in regional and global affairs. >> clinton called on china to address various issues including its currency and trade policies as well as north korea's nuclear development. >>> the leaders of the ten-member association of southeast asian nations, asean, say their countries should adhere to the 2002 china asean declaration designed to ensure peace and stability in the south china sea. >> disputes in the south china sea must be resolved peacefully, must be resolved through diplomacy, and must be resolved in accordance with the applicable international law including the law of the sea. >> asean leaders discussed territorial disputes between china and some of its members at a dinner on thursday night. the asean countries intend to make detailed rules to resolve any problems based on the 2002 declaration. observers

of china do we want to have? so this is why we are issuing this peace prize, namely to demonstrate that also china with its big power should be under debate and that we have to enhance those forces that want ch china to become more diplomat. that would be a big change for the whole global community. >>> that's all for this edition of "newsline." i'm hideshi hara in tokyo. we'll be back in a half-hour. thanks for watching nhk world.

china sea. the islands are administered by japan but claimed by china and taiwan. tension also remains between china and southeast asian nations over other disputed islands in the south china sea. wen has recently said china will not compromise when it comes to sovereignty and territorial integrity. wen's latest remark appears to be intended to allay growing concerns that china represents a threat. >>> now the country, china, has >>> the three say they mistakenly entered without realizing it. a fourth man is still being held. on september 20th, chinese authorities detained the four men on suspicion of entering a military district without permission and videotaping military facilities. the four are employees of the fujitake construction company in shanghai. of the four that were released, two were on a business trip from the head office in japan, and another works for the company's subsidiary. takehashi is still being detained. they were visiting to conduct a preliminary inspection related to the

south china seas. china's presence presents a great threat to fishermen in the area. in the case of vietnam, many of their fishing boats have been captured by china. all of their fish, petrol and even boats have been confiscated. seven vietnamese fishing boats were captured by chinese authorities last year and this year at least three fishing boats were confiscated. >> tnslator: t chinese ind guns at us and ordered us to go aboard their ship. then we were held on an island for 16 days. >> we were punched if we raised our heads. we were terrified. >> in response, vietnam's government is strengthening its ties with the united states, its former enemy. the philippines and indonesia are also deepening their military cooperation with the united states to check china's military expansion. and here in japan, there are increasi demands for the strengthening of the japan-u.s. alliance to counter china's military expansion. as japan works to revise its thashl defense program guidelines by the end of this year, s

china's judicial system. >> translator: if some people are seeking to change china's political system, and block the path of the chinese people in this way, they are missing the point. >> ma defended the chinese government's decision to unilaterally cancel meetings with the norwegian go liu xia has been under house arrest in beijing since last week's announcement and he said he didn't know anything about it. with japan/china relations strained by last month's maritime collisions in the east china sea, foreign minister seiji maehara says he cannot predict whether the leaders of the two countries will meet on the sidelines of an international conference in vietnam later this month. he told reporters on tuesday that japan must stand its ground over the collisions close to japan's islanders also claimed by china and taiwan. he said there is no territorial dispute in the east china sea and japan needs to effectively control the senkaku islands as they are inherently japanese territory. he spoke of the likelihood of naoto kan meeting the chinese wen jiabao during the summit in vietnam. >> m

many governments are calling on china to release him. this was a rallying cry and the award has deeply angered china. the chinese government summoned the lead are from d -- leader from the leader of the country. china's best known dissident. it's a stance he's paid for dealer. liu xiobo was a prominent literature major. he joined a hunger strike. >> the government wants people to forget back them. but the communist party remembers it well. they get nervous about it every year. they go to the internet and want to blot out the events of the time >> at that time, liu xiobo spent two years in prison but refused to be silent. he was jailed repeatedly by the chinese. in 2008, the year beijing hosted the olympics, he drew up the charter 08. calling for freedom of speech and the release of political prisoners. >> may be we intellectuals are just a minority. but we should have the right to express our opinion and criticize the government. >> in 2009, the media was barred from covering his trial. he was jailed for 11 years and allowed visitors onl

kan's remarks are apparently directed at china. the country effectively banned exports of rare earth minerals to japan after the maritime collision incident. >>> japan's prime minister held bilateral talks with his counterparts from three countries on the sidelines of the meeting naoto kan explained japan's position in its dispute with china over the collision incident. kan met separately with the leaders of australia, south korea and vietnam on monday, ahead of his speech at asem. he told them that japan/china relations are important not only for the asia-pacific region but also for the world. he explained that japan dealt with the incident properly based on japanese law. his counterparts reportedly expressed understanding. during their meeting, kan and south korean president lee myung-bak agreed to continue working together in dealing with north korea's nuclear program and other issues. the north recently selected kim jong- jong-un, the third son of leader kim jong-il as the next leader. >>> the u.s. ambassador to the philippines

here's a gentleman trying to express the interest of china well every time i hear interests of china from people like you from france from financial tycoons i always ask myself interest of chinese business chinese government chinese people so what really do you think is in the chinese interests decreasing or increasing. the kind of saying people business government in the long term in the long term of course appreciating the cost issue years for everybody and yes yes the problem is that until once again and he only a decade ago china was there with general powell one. fast draw in contra but still mainly involved it is the mystical problem in the recent decade china became the second global economy and the situation in china affects the rest of the water this is a new situation this is a new situation for the world this is a new situation for chinese leaders and they have to adjust their domestic policy because previously they were making decisions taken into account all the domestic interests now days they have to recognise that situation has changed and any decision in china affect

china town has a large older population. more than 30 percent of china town are 65 and older twice the rate of san flrancisco population. how do we get the home bound seniors eshg vac wait. how do we find out if they are okay? another thing is language and cullural issues. a percentage of china town residents are what we call linguistically isolated meaning no one in the household age 14 or older speak english well. what this means is that all our response plans have to keep in mind that factor the signs and volunteer workers need to community in cantonese and mandarin. our trainings have to be cond t conducted in multilanguages. we convened a preparedness committee composed of organizations in china town. includes the we are fortunate to have 3 medical facilities in china town. chinese hospital. public health center 4 and we also have northeast medical service. these 3 organizations are part of our response network. we have the senior care organization such as self help for the elderly. senior health. the housing service li

investment in china has exceeded $60 billion. china has purchased u.s. "t" bonds worth about $900 billion. no one will believe that the chinese leadership does not follow closely the development of the u.s. economy. yet some people in the united states, in particular some in the u.s. congress, do not know fully about china. they are politicizing the problems in china/u.s. relations, in particular, the trade imbalance between our two countries. i don't think this is the right thing to do. i highly appreciate your giving me this opportunity of the interview, because you gave me the opportunity to further explain what the real situation is. there are three points which are not widely known with regard to exchange rate of rmb and china's trade surplus. first china does not pursue a trade surplus. our objective in having foreign trade is to have balance and sustainable trade with other countries, and we want to have a basic equilibrium in our balance of payments. this is what we have been saying and doing. in 2008, china's surplus current count at racial d gd

but china doesn't want to overpay. it claims that it can offer a rapidly growing market in the future does problem in turn is waiting for the price of natural gas and its share on the chinese market to increase but the moment gas accounts for just ten percent of the overall consumption of energy resources in china it's too little to be interesting to gazprom tough bargaining is a useful skill in these beijing neighborhood nickname to russia town that attracts thousands of vendors on a hunt for knockoffs short of the winter when there was there's a here it used to be an open market with rows of counters only recently they've built everything that our expense if i may say so. but it's shamelessly low prices and high turnover areas like this one managed to transform themselves from shanty towns into glitzy shopping quarters russian china's trade has undergone a similar make over in two thousand and nine china surpassed germany as russia's largest trading partner. we've overcome last year's negative tendencies the global f

from a boycott or facing china. the other news germany is working twenty years since it was officially reunified politicians and celebrities are in bremen for the official launch of the nationwide celebrations well it marks the culmination of a process far by the fall of the berlin wall. one thousand and eighty nine bringing together east and west germany led to a turbulent decade with the huge cost of rebuilding infrastructure in the east causing a recession even today there is a large gap between the living standards between the two halves of the country after surviving that recession europe's largest economy is now covering the cost of much of the banking crisis but let's cross live now to berlin and speak to markets for us. michael ross are there thank you for joining us this hour now to the politicians the past twenty years have been building success what's it been like for the german people. at the end of the day you can really call it is. the reunification alone here in germany close to the ground. people hav

some of our basic china. the un panel says opium production in afghanistan dropped by half those charities led to an almost three fold surge in prices so there's report says that could encourage farmers to cultivate more of the heroin producing crop the survey also suggests the hike was prompted by a planted fracture of the devastated yield it adds that despite nato operations the size of the area used to grow poppies remains to say south and west of the major growing regions which are also taliban strongholds along extremist rake in the cash but as paula sleeper explains for many farmers it's still their only source of income which is tightly controlled by militants and drug addicted police. do right here is to put people behind bars for doing drugs now he's been put there himself as the former army commander denies the charges he insists he never swayed on the white side of the law. we saw a truck driving on the main road something made me suspicious and i checked out the cargo we found heroin and some drug

china is really win the one -- revalue wing the yuan -- has been revaluing thyuan china is doing its work. throughout the crisis, the global financial crisis, they did take over a lot of responsibility to stabilizee the world economy and their own country. they do their job in order to grant a positive global environment. i want to also point out that, recently, we got numbers from the ifo institute, saying china would be the second-biggest export market for germany next year. that sws tt germany n deal with the yuan rate. the u.s. has structural problems, including too little capital investment, which is why they are facing trade deficits with china. >> what needs to be done to have more realistic exchange rates and more transparent policies? >> with china, they will keep on revaluing with the pace of 4% to 5% per year. that will help. it is not an abrupt revaluation. we have the g-20, g-30 watching the big currency blocs, that there is no systemic risks emanating from any moves. that has not happened over the last three years. >> thank you very much. the international currency disp

to avoid confrontation with china. defense ministers from ten asean countries met in hanoi on monday. they'll meet on tuesday with their counterparts from eight other countries including china, japan and the united states. the ministers agreed to set up meetings of senior officials to strengthen cooperation in five areas such as maritime security and anti-terrorism measures. the agreements are expected to be incorporated in a joint declaration to be adopted on tuesday. some asean countries have had disputes with china over the sovereignty of the spratley islands in the south chain that sea. it seems the asean ministers want to skip the territorial issue to avoid a rough start. tuesday's meeting would be the first regular session with china to discuss regional security. >>> and defense chiefs of the united states and china also had a meeting on monday. robert gates has suggested to liang guanglie about setting up a dialogue framework so future confrontation would not lead to suspension of bilateral military exchanges. i

largely dry and settled for much of china. that rain tapering off in the northeastern corner as well. as for japan, after a frosty start, look for good spells of sunshine across the north. it does turn a little bit more cloudy and wet as we head towards the south. we've got tropical downpours for the okinawa islands as well. tokyo will be 41 with rain at times. 15 degrees for your daytime high in bay joinineijing. 25 in taipei with heavy rain. in europe, a large storm system affecting the northern tier of europe. we've got wet weather as well as strong winds. all that activity will be heading into central areas next. with that cool air in place, a lot of the precipitation found are going to be falling in the form of sleet and snow, especially up you in the mountains for scandinavia and germany. a couple of showers for the uk. generally things are looking up on your wednesday. down in the southeastern corner, plenty of wet weather to continue for greece and turkey. heavy rain and thunderstorms really affect greece today. floodi

is deliberately undervaluing its currency, that china is threatening japan unnecessarily, that china is rattling the sabre in southeast asia, that is to say, china's peaceful rise has hit a kind of big speed bump, where where people are beginning to realize, wait a minute, a bigger more assertive china is -- we're not so sure we love that idea. i particularly found that -- i was in south korea and india, last week and in both cases they were quite concerned about china. >> i think by and large most countries see china as understandably very focused on itself, that its relationship with the rest of the world is what it can get and the chinese world view is considered more attractive would stretch credulity to me. we in india respect china, but i would be hesitant to say that we find the chinese world view more attractive than -- >> good. nobel prize winner. good for you. >> italian favor. >> can i respond to -- >> the chinese -- >> no. it's very simple. there are 7 billion people in the world. 800 million people live in the west. the rest live outside the west. if you go to the islami

china's maintaining a high growth rate of about 10% a year. but there's increasing concern about a housing bubble and the consumer housing index that preceded for two months in a row. the reserve has been raised four times this year to absorb excess money and to prevent overheating of the economy. china's economy slowed down sharply after the global financial crisis, which was triggered by the collapse of lehman brothers in 2008. the government has restored high growth with massive stimulus packages. china's return to normal monetary policy is in contrast with japan and western countries, which are still struggling to get their economies back on track. >>> in the united states housing starts in september rose for the third month in a row, exceeding market expectations. the commerce department said on tuesday that a seasonally adjusted annual rate of housing starts rose to 610,000 in september. the figure is a 0.3% increase from the revised august estimate. but the number of building permits in the same month declined 5.6% from august, indicati

he has plants in china. they're frankly foot soldiers to haul off american industries and take them to china. >> i think that's changing. i think more multinational -- let me finish. >> exchanging. >> more multinationals are tiring of the rules being put on china. as i was mentioning. these market rules where they're forcing to relocate r and d to china. the traditional sort of free trade lobby which is republicans and these multinationals. that's breaking down. multinationals areless enthused with china. a . >> leo, do you feel like the american people understand that china is doing what's in their own self-interest. they want to develop their own country. they're acting in a way of their own self-interest. america isn't acting in their own self-interest and the explanation for that dysfunction is because america industry influencing our government, because they're in china >> i disagree with jim, as the fact that big businesses are pulling back. multinationals pulling back. they're coming more entrenched.

a report on china may brand it a currency manipulator. i had of that report, china bought the commerce ministry said its exchange rates must not not -- not be used as a scapegoat for america's economic troubles. analysts say the report could raise friction between the two nations. >> i think if the treasury says that, and combined with the fact that the house has already passed a bill, that increases protectionist legislation coming through for china. >> a key test for portugal's government. it presents its controversial budget. the austerity measures could trigger a deep recession. the minority government needs opposition support to when parliament's approval. the prime minister said he will resign if it is not passed. the world's biggest maker of computer hard drives is in takeover talks. it has not named the interested party but it is thought to be a private equity firm. seagate has been seen as a takeover target due to a weak share price. its market price merit is around $6 billion. -- its market valuation is around $6 billion. we are

he was the heaof penn in china. he -- his work with the last 20 years has been characterized by an unflinching commitment to reform in china. that is not a very easy thing to do. he probably could have let china any point in the last 20 years, decided not to come and has cycled in and out of the chinese prison system and punishment for his views. i should be clear, he is in prison for not any action, but really for peaceful criticism and advocac for reform within china. this is a man who was not only very deserving of the nobel prize, and the first one ever for china, but also some who represents the aspirations of a large number of the 1.2 billion people in china. it is really a great day for human rights and a great day for the people of china. >> he is also a signer of this charter 08 that has hurt the chinese government to no end. could you talk about that and what it is? >> it is modeled on charter 77, which was an important manifesto in the transition of eastern europe. they very -- the signers and designers o

china to do as it pleases in the south china sea. meanwhile, i am concerned that japan has sent the wrong message to china. a chinese fishing vessel into japan's territorial water -- intentionally run into japanese coastguard patrol ship set to times. such a barbaric act cannot be overlooked. the captain of the vessel was detained by japanese authorities. but japan relented in the face of strong pressure from china and release the capt., which was a very foolish move. [unintelligible] i must say that interpretation of the situation by the prime minister's office was the '90s. japan must work to strengthen its relationship with china while also competing when it is called for. but that must be accomplished and away -- in a way [unintelligible] that is the guiding principle that china should follow, and if it strays from the path, it should be admonished. this principle forms the foundation of the strategic and mutually beneficial relationship to which i and my chinese counterpart agreed. single party rule by the chinese communist part

blame china? >> is barron hill running for congress in indiana or china? he supported the $800 billion failed stimulus package that created renewable energy jobs in china. his big spending programs will keep us borrowing money from china. he's creating massive new debt here while he created renewable energy jobs over there. barron hill for indiana or china. >> you may say that ad is strange or racist. it's hardly out of the ordinary. no less than 29 candidates from both sides of the aisle are trying to accuse their opponents of being in bed with china. why the sudden upsurge in anti-china sentiment, and why would voters be so scared in the first place. >> when i say the word china, what do you think of? >> anti-american. >> job problem. >> don't buy in china. >> their politics are still horrible. >> crowded. >> fantastic people. >> i like chinese people, i like chinese food, okay? >> millions of jobs have gone from america to china. >> i think it's the first step toward a one-world government. >> people are running for office saying we gotta get jobs. it's

south china seas. china's presence presents a great threat to fishermen in the area. in the case of vietnam, many of their fishing boats have been captured by china. all of their fish, petrol and even boats have been confiscated. seven vietnamese fishing boats were captured by chinese authorities last year and this year at least three fishing boats were confiscated. >> translator: the chinese pointed guns at us and ordered us to go aboard their ship. then we were held on an island for 16 days. >> we were punched if we raised our heads. we were terrified. >> in response, vietnam's government is strengthening its ties with the united states, its former enemy. the philippines and indonesia are also deepening their military cooperation with the united states to check china's military expansion. and here in japan, there are increasing demands for the strengthening of the japan-u.s. alliance to counter china's military expansion. as japan works to revise its thashl defense program guidelines by the end of th

to sop up unemployment in china ok jeffrey if we could stay with the china theme here i mean the chinese the you know they've looked at the i.m.f. and you know if they got a greater role of bigger voice they might bring their money away along with them but i mean it's so disparate that i mean it's a grossly unfair that some countries have so many more voting rights than the way twice then china but if you turned around and said ok china you considered the adult table and they're not going to be pushing some kind of liberal agenda they'll say well you know we want to invest in return on our investment they'll just be very hard core about it and then that kind of some of those conditionalities could possibly go away because like i said there is a political fate on politics and you agreed with me. because politics is the way human beings interact but. china and the other big emerging market countries do absolutely need to have more representation in the i.m.f. and world bank i think this is but recognize for a long time i mean it's just all sort of elementary democracy of the site and it's

so we know a strong china, a fast-growing china, is good for the rest of the global economy. >> reporter: but a string of rate hikes by the chinese would tend to slow imports which, ulrich admits, is part of china's long-term plan to transform its economy. >> the chinese government wants to achieve more of a balancing of the internal economy. they want to have growth driven primarily by domestic consumption, instead of by investments or exports. they also want to make social welfare more equitable. >> reporter: while those moves may affect trade between china and the u.s., macdonald says both nations need to keep each other healthy. >> the u.s. and china are very much interlinked by global trade and finance. and no matter how much either side likes or dislikes it, the u.s. still has deficits which need financing. china still has exports which need end buyers. you don't want the u.s. economy to go into another recession and you don't want china to slow down too much. there's a delicate balance that needs to be maintained here between the two countries. >> reporter: we'll get a better gaug

failed to persuade china to proceed as planned. in early october, china asked japan to postpone the visit scheduled for friday as part of a bilateral defense exchange. the japan squadron was to include 730 members. the chief of staff of the maritime self-defense force, masahiko sugimoto, called the cancellation very regrettable. he said he wants to continue promoting defense exchanges such as this with mutual visits by the two countries' naval vessels. an exchange event between japan's self-defense forces and china's people's liberation army due to start next wednesday was also canceled after china asked for a postponement on tuesday. >>> south korea has participated in a joint naval drill with the united states and japan for the first time. the exercise was part of initiatives to prevent the proliferation of materials used to form nuclear and biological weapons. 15 countries either observed or took part in the exercise carried out near pusan on thursday. the drill was aimed at blocking maritime shipments under the u.s.-led prolife

russia expands relations with its biggest trading partner china. deals. we report on the devastating impact of drugs across sections of society. where the headlines coming up next our special report travels to historic. where among other things a school which trains. one of russia's most important southern cities an industrial and cultural center with more than one point three million people this is a twenty first century town that's proud of its history where you can find cutting edge technology and people that still follow traditions that date back centuries. is an agricultural jewel covered with. oil and blessed with a mild climate it's the second most productive region in the country but if you want to appreciate it properly you really need somebody to give you a list. on this before. well i mean the best way to see the sights and. quite the. weather was perfect and soon i was getting it coming view of the nearby farmland below.

blame china. >> is barren hill running for congress in indiana or china? hill supported the $800 billion failed stimulus package that created renewable energy jobs in china. his big spending programs will force us to keep borrowing money from, you guessed it, china. hill's creating massive new debt here while he created renewable new energy jobs over there. barren hill, for indiana or china? >> it's hard out of the ordinary this political season. this week, "the new york times" reported no less than 25 candidates on both sides of the aisle are trying to accuse their opponents of being in bed in china. why would voters be so scared of china in the first place? i hit the street again to talk it out. when i say the word "china," what do you think of? >> anti-american. >> the job problem. >> don't buy in china. >> i think of kung fu movies. >> crowded. >> fantastic people. i like chinese people and chinese food. >> millions of jobs have gone from america to china. >> i think it's the first step towards a one-world government. >> all of these people running for

moscow lies a rising sun east with a major oil pipeline to china open the flood gate with russia's largest trading partner. and un figures show despite a fifty percent drop in afghan opium production traffickers still rake in the cash is prices soar. five am in the russian capital we're taking a look at today's top stories and a look back at the week that was here on r t. moscow's long serving mayor was shown the door by the president this week dmitri medvedev said he'd lost confidence in your illusion of who'd worked eighteen years as the capital's chief luzhkov leaves behind a controversial legacy loved by the hated by others as artie's murray if an ocean explains. so i decided to dismiss the mayor of moscow the decree i signed states that i as president have lost trust in your. shoes. once deprived of power the phone support of the top was hard to come by a challenge it's obvious the professional relations between the president and moscow had worsened meanwhile the man is subordinate to the president the not the other way around certain steps should have been taken to return the situati

well some people are just looking at looking at china and saying on china's manipulating the currency so they are causing global problems but first of all i think what investors and the general public needs to realize i think the united states and europe they have very much by the war just to keep their own currency from collapsing you know that may two thousand and ten so you're away actually close to falling apart all by if there was on any war happening i mean it's a wall of actually meeting the debt to really gauge and more as and as i want the u.s. is in the same situation even ben bernanke is just one yesterday and that is the u.s. the debt was on an unsustainable and we have been saying that for quite a while i said was a fiscal gap of two hundred trillion to two hundred two trillion go us dollar actually which is fifteen times the nation. debt to the level if you include the unfunded liabilities of the us like the medicare medicaid and the social security fund so it's two hundred two trillion they're short of money that they don't have and they will have to increase in the pri