I, for one, welcome our new Chinese overlords.

[mellowtigger]

The BBC is taking a special interest in America's financial troubles.  From a video introduction with the new generation of homeless Americans to "The Grapes Of Wrath" revisited.
http://news.bbc.co.uk/2/hi/americas/7997385.stm (video at site)
http://news.bbc.co.uk/2/hi/americas/7992942.stm (The Grapes Of Wrath)

I still think that our troubles are not a matter of mismanagement but rather an error in choosing what is fundamentally a flawed concept for our economic system (growth instead of sustainability).

Growing up in West Texas, I'd see trains with Santa Fe markers on them.  I live just a few blocks from the merged Burlington Northern / Santa Fe company.  So I still sometimes see the old corporate logos at the trainyard near here.  I took this photo, though, a few weeks ago around mid-March.  It's some of the shipping containers that stay piled up around here.  Notice anything interesting about who owns our economy these days?

The tv show Firefly had it right, perhaps.  Although I suppose India will be making a good run at dominance soon too.  I'm still waiting for either an air-powered car or a $2000 car, both currently built by Tata in India.

Comments

[khrysso.livejournal.com]

Thank you for your prophetic voice, which is indeed not pleasant to contemplate in your own country...

[kroyd.livejournal.com]

I'm wondering if there is a parallel in British history. Did they experience a similar shift at the end of their period of imperialism?