Sometimes it is best to do nothing. It was good we were spared the high flown rhetoric that they saved the Euro and the world. It was even better than no new money was committed to bail outs. The IMF subs were not quantified and remain to be worked out next year.. The US President let it be known that Euroland is rich enough to pay its own bills. The one positive change was the Chinese promise to move their currency closer to a market rate. If they wish to save the Euro they need to balance budgets and export more. Shuffling more IOUs round is not going to solve it.