Washington Post, March 9, 2009 page A1,A12

"US Downturn Dragging World Into Recession: Report says global economy will shrink for first time since 1940s." Such is negative news but we have faith,hope and charity.A native of Shanghai has the equation: 3S-2D=CU www.Sino-American Economics.

"We need to react in real time to a growing crisis that is hurting people in developing nations," World Bank President Robert B. Zoellick said in a statement. Action is needed by governments and multilateral lenders to avoid social and political unrest," he said. Let us wait for the outcome of G-20 leaders in April 2 2009.

"It could also prove difficult to raise more money from hard-hit countries including the United States and Britain, where politicians and citizens may decide that charity begins at home." Such are the realities of nations as victims of economic crisis in the world.

"I am worried about what happens when you see that a Greece or an Ireland that might need bailouts," said Simon Johnson, an MIT economics professor and former IMF chief economist. "Where is the money going to come from?" Perhaps funds may be available from China since China is willing to join other nations to resolve economic crisis. However,it would be desirable for nations to learn the Chinese language and culture. "A Glimpse of the Chinese Language" and "Philosophy of Mencius" are available at www.loc.gov i.e. Library of Congress online catalog under author's name: Shieh,Francis for reference.

Francis Shieh a.k.a. Xie Shihao who is willing to share such knowledge as an educator in China and in the USA since 1945 to date. Monday,March 9, 2009 at 10.12 a.m.