how is our race to the bottom doing? Greece is on it's way to yet another default. If my calculations are right (see: http://fdominicus.blogspot.de/2012/05/ist-blodheit-ansteckend.html) then Spain has to get new debt of 33 ยข for every Euro they spend...
with compliments: http://www.quadrant.org.au/blogs/doomed-planet/2010/05/crisis-in-new-zealand-climatology It's very actual as you can see. And it does not shade a good light on the supporters of the man-made climate change. Now if we consider what...
this time it's China. Not that I'm that found of it, but what Krugman want is that the Chinese follow the US on the insane path. How to do that, well the Chinese do produce things, the US people like to buy, and thos things are "cheaper"...