Monday, November 16, 2009

Our gov't has certainly fallen fast

This article hit me like a slap in the face, and it certainly seems like a sign of the times: "China says Fed policy threatens global recovery." In case you don't care about the economics involved, the gist is that the Chinese gov't is now publically and vocally criticizing the most intimate aspects of American domestic economic management, an event that would have been unimaginable in the very recent past. We have certainly fallen on hard times. For all that, I have to say I hardly blame the PRC considering their role as our chief financier. I predict that it's going to be incredibly difficult for our national psyche to adjust to this new reality...

No comments:

Post a Comment