You have successfully demonstrated in words and statistics what so many of us feel, in our media-hynotized consciousnesses, to be true.After reading your incredibly persuasive analysis, my mind was drawn to the ancient memory of my high school bookkeeping class, where I was taught, on the first day: Credits on the left, debits on the right and that's all ye need to know.And it is all very interesting!Some people having been croaking about all this since '08. . . you know, the fragility of the system, blah blah blah, derivatives, AIG. Its all hocus pocus and pulling rabbits from a hat and yes China is . . . blah blah.Thanks, Angus, for your unique reporting on these matters. Keep up the good work.