Interesting and he limits the scope of the article to purely financial but many of these countries can defend themselves and look to us to do that. They look to the Western world to create stability and a playing field that alllows them..anybody to trade and prosper. If a shake-up or a restructuring is to occur, u will need stability and someone to do that. Most of Europe lacks the will to do that. At Bretton Woods..we knew what the playing field was going to be and who had stablized it. Thats not the case today and can't be overlooked.