has collapsed (not even Greece). The western countries will help one another to get out of these difficulties. Sure they are slowing down and the gap between west and east (BRIK) is narrowing, which is a good thing, as a more balanced world is more stable.
Actually if China does not carry out political reform (reduce government power and control, size, expenditure and corruption; increase privatization and property rights; etc., etc.) soon, it may face real problems, worse than the one west is facing now, in near future.
