Fareed's Take: Only China can save Europe By Fareed Zakaria, CNN September 18th, 2011 08:36 AM ET After World War I, European nations were battered by debts, and Germany was battered by reparation payments. The only country that could provide credit was the United States. For America, providing desperately needed cash to Europe was its entry into the councils of power, a process that ultimately brought a powerful new player inside the global tent. Today's crisis is China's opportunity to become a "responsible stakeholder" in the global system. If this doesn't happen, hold on to your seat because we're in for a rough ride. read more: <iframe width="560" height="315" src="http://www.youtube.com/embed/Fc2FOvE9iVw" frameborder="0" allowfullscreen></iframe> Do you agree?