Given the parlous state of urban China's social-security system, peasants would continue to regard land as a vital safety net, to be relinquished only in extreme circumstances.
Bernanke is worried about the parlous state of the de-leveraging U.S. economy, and possibly worried that the U.S. banking sector is not strong enough to weather more currency turbulence.
Thanks in part to retrenchment under the previous centre-left government, Italy's public finances are no longer in the parlous state they were in a few years ago.