The Giants Get Bigger:WashPost,Sept.27,08

Page D1:
The world's largest banks are emerging even larger from the current financial crisis.

$12.84 trillion: Total assets of largest banks with significant operations in the US:

$3.50 trillion in total assets - Royal Bank of Scotland.
$2.35 trillion - HSBC.
$2.19 trillion - Citigroup.
$1.72 trillion - Bank of America

Readers would be invited to form own scenarios from the above data in the days to come to assess global economy apropos of the role of largest banks in the world.
Page D2: Photo of a Native American graces the flip side of American buffalo gold coins: The price of gold has risen in recent weeks. US Mint halts gold coin's sale due to higher demand but limited supply. My comment: First Americans were Asians according to American history hundreds years ago.

Phoenix CV shows Premier Wen's speech in Tianjin, China: World Economc Forum. (I attended Hautes Etudes in Tianjian from 1938-42)
The gist of his speech re China's economy is:
1. Innovation as the Guideline. Such focus was published in Richard Gill's Economics textbooks in 1970s. Cf. Amazon.com book catalog for reference.
2. Ethics and Morality with the teaching of Confucius, the teacher of teachers in China and Adam Smith,professor of Moral Philosophy in the Western economics.

Here we detect Sino-American Economics with common ground from the past to be stressed in the 21st century and beyond as I would envision.

Francis Shieh a.k.a. Xie Shihao,an octogenarian student of economic philosophy since my university days in early 1940s. September 27, 2008 at 7.20 p.m.