Thanks to the foot dragging and unwillingness of the U.S. to change (both the administration...think big oil...and the people), China will be beating us to the punch in producing renewable energy (see this BBC report).
So, we're basically 12 years away from China owning all our debt and their economy being free of oil shocks. Anybody know where I can take classes in Mandarin?
Friday, August 01, 2008
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