Tuesday, August 25, 2009

China kicking our ass and Ben Bernanke again

Hey kids! James Call: Expert returns. Still awaiting your questions, but in the meantime, here's some fun updates!!! If by "fun," you mean, "severely depressing". Enjoy!

Today in the Chinese Have Been Superior to Us with a Few Exceptions for About 4,000 Years so Why Stop Now

It looks like the Chinese are poised to kick our ass in the solar panel market. Solar and wind energy would seem like THE industry to be developing, old-school style, to bring America into the 21st Century with a new industrial base, and to generate JOBS. But hey, who needs jobs, right? Especially high-paying manufacturing jobs? Not almost 10% of Americans, right?

Today in Fed Chairmanship

Ben Bernanke has being reappointed. No big surprise there. He's been an usually open chairman, for which he has my respect; perhaps he'll help shatter some of the Secrets of the Temple (everyone go read that book, now, it's way more intense than the Harry Potter franchise, I promise). However, Simon Johnson, who is way smarter than me, has a pretty unpleasant forecast for Bernanke's next term... basically, a new bubble, this time in Asia.

Not sure who SHOULD be appointed, though. Is the Punisher available?

1 comment:

auroradare said...

Hey I've got a question...why would anyone ever like the movie Synecdoche, NY?