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in the West it will be a threat to the East. The danger is the same either way. We don't need to decide this abstractly.
Vice Premier Teng: But this strategic assessment has its practical side, expecially with the Western European countries. We have exchanged views on this many times.
Secretary Kissinger: I don't believe Europe could be indifferent to an attack in the East. I don't believe you could be indifferent to an attack in the West.
Vice Premier Teng: We agree to this view. An attack in any quarter is of significance to other areas too. But to establish a strategic point of view and preparations will be of significant importance, especially to your allies in Europe. Because without [these preparations], they will suffer. When we say the emphasis is in the West, it does not mean we will ignore our own defenses.
Secretary Kissinger: We agree, and we will add to our preparations too. Unfortunately, as you know, some of the leaders in Europe are not the most heroic right now. You have met them and can form your own opinions. But we will do our best.
I might add something about the oil problem: The U.S. has two options. Economically, we can deal with the problem on our own better than in cooperation with others. But the reason I have made several specific suggestions and proposals is because I believe if Europe continues to suffer a balance of payments drain, they will lose so much confidence that they will not be able to resist Soviet pressures. And if they take money from countries like Libya and Algeria, this will continue the process of their political demoralization. So you should understand that the proposals I have made, and our policies, have nothing to do with economic considerations, because economically we would be better off making bilateral agreements with the Saudis, and we could leave Europe alone. We do this because we feel the defense of the West will be weakened if these countries are demoralized by thier economic condition.
Vice Premier Teng: So, I think we spent quite a lot of time this morning. We must have something to eat, otherwise our stomachs will make revolution. Shall we meet again at 3:30 p.m. in the Great Hall of the People? In the Original Hall. All right?
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