The Idiom

Can You Grok It? Free Grokistan!

Sunday, December 30, 2007

Exit The Dragon

Remember how in the 80's we were all shit scared of Japan? Nowadays it's the Chinese. However, Kid Various has long maintained that China is never going come close to displacing the United States as the world's pre-eminent economic power and, in fact, will be lucky to make it out of the 21st century in one piece.

Now, according to the L.A. Times, the World Bank is releasing new figures to back that claim up.

Kid Various doesn't allow anyone to talk him into buying funds with heavy investment in the Pacific Rim. China is one house of cards that can collapse at any time. And it's going to be bad when it does.

0 Comments:

Post a Comment

<< Home