here's here in dalian, at the world economic forum. i asked him whether the banks are now in better shape than they were three years ago. >> the whole banking system today is better than the year 2008. >> how much better, though? >> it varies. it's very difficult to say. the u.s. banking, as you know, the sovereign risks pertain together banking sectors. but in the emerging market, we see the releveraging in the past 18 month, it caused some major concerns. >> are you saying that emerging economies are in danger of having their own banking crisis? >> i wouldn't say in this moment's emerging market in danger because they have a potential banking crisis. got news is they have a strong gdp growth rate and much stronger than before. their physical condition is still quite okay but they got to be very careful for this releveraging on the banking secretary zblert financial crisis of 2008 is being replaced, at least in europe, by the debt crisis of 2011. what do policymakers need to do to solve this problem? >> it's not easy to have, you know