We’re sending all the dollars we can print to China.
What do you think they buy with the dollars?
1. Cars.
2. Highways.
3. Gasoline.
4. Inflation (for us).
BTW, the Chinese “still live in an $80 per barrel oil environment,” (thanks to government subsidies).
PS: This was inspired by a thread started by Steve Rubel on FriendFeed.
This looks interesting, making a note here because I want to come back to this.
Is anyone building on it? If so, how’s it going?
When I arrived NY in mid-May, I asked the cab driver, a black man, who he voted for in the primary. He said Hillary. Of course, I thought. He said everyone in NY likes Hillary.
When I bought the NY Times today, thinking it would be a MEN WALK ON MOON type historic banner headline, I […]
Dear Mr. Obama,
I applied for credentials to the Democratic Convention and was turned down.
Okay, I can accept rejection — have a great party, I’ll watch it on TV.
But could you ask your people at the Democratic Party to stop sending me press releases about things that are happening there. It’s so tacky. I can’t come […]