American economics indicators depict positive trend particularly in manufacturing and agricultural sector to recovering slowly.  The main reasons are to some sorts of reforms programs in monetary and fiscal sectors which are agreed to endorse by opposition and ruling party that retain the confidence of investors.  The strength of American economy is quiet different than Europe because of resources both natural and industrial.  American military industrial complex is extremely based on high-tech and no one can match, recently large weapon deal with Saudi Arab and trade deal with Asia Pacific countries stand the confidence of military and economic power among the investors to fear less invest in money and goods market.  Obama reveals that ‘America is back’ during his visits in Asia Pacific region to maintain the confidence of its Allies about economics and military protection against emerged power China. This gives enough support to erosion the wrong thought about American economy and military might in front of regional powers.  Destiny of European economy is not as monetary union rather fiscal union. Monetary union demands to be equilibrium parity among the union members of resources regarding industrial, agriculture technology and labors skills.  Except of German and France the other members are not capable to chase the economy values against the countries beyond Europe.  Hence, PIIGS economy becomes the liabilities of the union to provide borrow to fill the gaps of budget deficit.  Finally, members are considered to convert the monetary union into fiscal union are appreciable to revert economy on positive path.  China being of member of WTO is achieved trade successes in the region Europe, America and Asia to chase the competitive market of its consumer’s product though effective cost of production.
America's economy improves a bit, Europe holds another summit and we mark the tenth anniversary of China's membership in the WTO