I have expressed my opinion that I believe the Eurozone needs a cash-flow of $1.45T, a guestimate based on the size of the budgets of the four big and thirteen smaller members of the Eurozone.
The Chinese economy has built up a lot of manufacturing capacity, producing their recent GDP growth figure of 9.1 percent. If the world demand drops, this figure will naturally enough reduce. I also gather the Chinese foreign exchange reserves are said to be very substantial, at around $3.4 trillion. Of this, they would select to invest
$2.4T in investing overseas.
If the Chinese economy can be helped to continue at maximum capacity utilisation with exports being maintained at near current levels, it is probable that they could start importing high-end products from Europe and America. Why not? It is only natural.
All the work in progress in Europe and America could be helped with placement of additional orders, which would safeguard many, many jobs. So it is a Win-Win scenario where all economies continue using their capacity and maintaining jobs and growing through exports.
The markets in Africa and South America and India will need to also expand in tune with what is happening globally.
Through trade and under-pining one another's economies with "cash flow", I believe all the world will do well. I pray for this.