Why China Should Bail Out Europe

     Yes, Europe is in debt, but so is everywhere else! We're all in the same boat, up a creek without a paddle. Turning to China to solve economic problems is NOT the thing to do. Europe would not only in be debt to China, but would also become economically dependent upon them, like so many other countries. China is becoming a super-power. They are on the rise, and rising fast. Nations are making themselves more vulnerable to China than necessary. "From China’s perspective, the possible advantage would be to exert power to obtain direct and concrete benefits. For example, it could ask for market economy status in Europe, which would reduce the scope for protectionist action against Chinese goods entering the European market. It could also seek to buy companies in distressed countries on advantageous terms." If China is allowed to bail out Europe, China's economic and and cultural dominance would be set in stone. I'm not going to go all "conspirocy theory", I'm going to say that China outnumbers other nations, I'm not going to say that Chinais bent on world domination, or any of that crazy talk, but I will say it is not wise for Europe to become to dependant to China. Not only would it upset the balance of the world economy, it would upset the balance of an entire continent. One nation should not be subject to so much power.      My opinon obviously differs to that of the authors, Arvind Subramanian, in the article "Why China Should Bail Out Europe". He tries (unsucesfully in my case) to use logos to convince the reader that it is in Europe's best interest to have China bail them out of their economic crisis. He only explores one side of the arguement. He states that Europe is in dire straits (not the band), and that China is their only option. "Europeans are running out of options; debtors cannot be choosers."  Too much political and economic power is never a good thing. China is on the rise, while all other nations descend. This is kind of scary.

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