I Also Believe That Most Of The

They [chinese] Have Very Smart, Experienced People. I Don't Want To Paint Them All With The Same Brush. There Was A Little Bit Of A Feeling That The Stock Market, Which Went From Something Like $4 Trillion In Valuation To $10 Trillion, That The Chinese Wanted That.

I Also Believe That Most Of The Emerging Economies Have A Fairly Large Amount Of Foreign Exchange Reserves, Relative To 10 Years Ago.

I Think One Could Argue That There's More Political Input Into The Regulatory Side, And On The Regulatory Side There Seem To Be Fewer People With Financial And Banking Experience - There Are More Lawyers, Academics, Economists, Maybe Politicians Now.

Most Ceos Are Patriotic And Most Ceos Can See The Problems In Front Of Them, And They Want To Do Something About It. We Don't Always Agree About The Ways And Means, But The Objective? We're Totally Together.

If You Look At Detroit, That Mayor, It's Been A Train Wreck For 40 Years, The Population Has Gone From 2 Million To 700,000. This Mayor Comes In, And He Talked About Streetlights, Sanitation, Jobs, Policing, Schools, Affordable Housing. He's Doing It All, And It's Growing For The First Time In 30 Years. Literally, One Man. But That One Man Couldn't Do It Without Business. And Business Couldn't Have Done It Without A Political Environment Where They Wanted To Improve Things. If You Had An Antibusiness Environment There, It Would Still Be Down There.