The Economist: China Is Betting the West Is In Irreversible Decline.
Paul London wonders . . . will the opposition party allow us to compete?
He argues it will be impossible if China keeps growing 3 or 4 times as fast as we do . . . and that the President’s infrastructure programs are the way to surge U.S. growth so that we can.
RECAF: In the “nothing is easy” department, here’s the bearish case (or one of them, anyway).
Asked abut it, my guru replied: “This is commonplace in the oilfield. In south Louisiana, oyster fishermen would get damage to their oyster properties when oil companies operated on a shallow water state lease. Sometimes they sue. Sometimes they win. The farmer will get something. Life will go on.”
Even so, having had such a quick triple, consider selling some so from here on you’re playing with house money.
Quote of the Day
Anyone who drives faster than I do is a MANIAC. Anyone who drives slower than I do is an IDIOT.~George Carlin
Request email delivery
- Jun 18:
Tenfold From Here? Plus: China In 4 Minutes AND How To Save Democracy
- Jun 17:
Progressophobia . . .
- Jun 16:
Your Very Own Slush Fund!
- Jun 15:
Two More Takes On Israel
- Jun 12:
Kudos To The Boss
- Jun 10:
Taxes, Israel, And A Bonus
- Jun 9:
What Would You Have Done?
- Jun 8:
Preserving Democracy; Thwarting Alzheimer’s
- Jun 7:
Seth and Heather: How Times Have Changed
- Jun 5:
- Jun 18: