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.