5.15.2009
Ah, Milady Dame Peggington Noonanshire.
You never fail to disappoint. Idiot. Seriously, I can't ever read her column in its entirety. I end up yelling at my computer. Not necessarily because I disagree with her (although I always do) but because she is so undeservedly smug and so completely clueless.
I've been saying this for years.
China's economic juggernaut is built on a house of cards or more specifically a house of dirty carbon emissions. A house that is very soon going to crumble like a, well, like a house of cards. The only thing that is going to save the Chinese economy (and it might just be enough) is calling in all of the American debt they own.
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