I am very sympathetic to the Euros on this site, especially those who might be investing their funds in questionable places, like Europe. Look out. America is trying to take you down, and believe me, US financiers only worry about their yearly bonuses, not investors. In some sense, there are all kinds of Madoffs working inside the law they helped create, legal Ponzi schemes. The result is the same: someone gets screwed, and this time they are looking at people like you, Euros or EUer's, whatever you consider yourselves. So this is just a warning from a friendly American.
China's ownership of the United States government debt has dropped to the lowest level in at least a year, Treasury data showed, in a sign Beijing is increasingly keen to diversify out of US bonds. Webster Tarpley says that China is diversifying and has moved onto the Euro and Yen. He adds that the US was trying to shift the depression onto Europe, trying to destroy the Euro with a speculative attack on Greece, Spain, Portugal, etc.
Oh, and forget IP for the next year. I will have more about this matter in a few days.