David Brooks, in one of his better columns, says a href="http://www.nytimes.com/2009/07/03/opinion/03brooks.html"three baseline things/a:br /1. Chinese leaders assume American consumers will never have the same 1995-2005 binge;br /2. The U.S. government will not get its fiscal house in orderbr /3. Young Chinese, fueled by the Net, have become more nationalistic.br /br /I halfway agree with 1, at least halfway agree with 2, and am not totally surprised by 3.br /br /Results? Brooks says it’s a “divorce.” No. 1 has Chinese leaders pushing internal consumerism, etc. No. 2 is why Beijing keeps attacking the dollar and pushing for a backup global reserve currency. And, No. 3 could be a Pandora’s box.br /br /Read a href="http://www.nytimes.com/2009/07/03/opinion/03brooks.html"the full column/a.div class="blogger-post-footer"There is no god and I am his prophet.img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7532871-7137227634233502538?l=socraticgadfly.blogspot.com'//div
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