Subject: Re: Year One withdrawal rate
In terms of GDP, #1 is USA at $30.6T, China is #2 at $19.4T,

A quick check says the EU is $22.5T. So it's ahead of China.

Also, while I don't dispute your data, I am just relaying what I read sometime last summer (I think) about many nations wanting to move away from the dollar and towards euros. I don't know what all goes into making those sorts of decisions. I'm sure a lot. And nations -apparently- are talking about it.**


**And not just BRIC, which was talking about it anyway since they don't like us much.