• Countries must first put their own houses in order. Developed countries must take responsible fiscal and monetary policies. What is most important now is to prevent the further spread of the sovereign debt crisis in Europe.
• Chinese Premier Wen Jiabao • Telling all the deadbeat European nations to bump up their national credit scores before looking for a bailout from China. Wen previously said the country would lend a helping hand to Europe, which is suffering a crippling debt crisis. So, in case you were thinking of going to China for a little cash, you’re out of luck … unless you’ve proven yourself fiscally responsible (or China has a huge vested interest in seeing you succeed). Then China would be happy to let you into its deep coffers. source

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