Mowog

It's 1974 for the U.S., but 1929 for China

An interesting and sensible article. I read about intensifying troubles in China, and some factory closures have made Japanese news. Apparently the Chinese government has done a good job on keeping the news quiet, but the poor and increasingly unemployed are reportedly increasingly getting restless and revolting in places.

Obama's Infrastructure Rally: Take a Swig of Kool Aid

Eventually the US turns on the printing presses, steadily eroding the value of the US dollar. Rare is the politician willing to lose votes by restraining its spending.