Can you believe Wall Street?
Yes I can. Once in a while the veil is lifted on the masse of gurus to reveal the true sages and their words of wisdom. Probably the best time to read and learn before the veil drops again.
Though there is a problem of finding them though.
Why China would love ‘President Rick Perry'
This article, although critical yet hilarious, is rather true. China is blazing ahead while the Americans are still yanking at each others' pants in a gigantic atomic wedgie competition.
However, the article missed out the fundamental principle of "What goes up, must come down". There are miniscule signs (other than the train crash last month) that China's quest for economic supremacy may be its undoing. Like one of the comments which pointed out about its "ghost mini-Shanghais" of shopping malls and other amenities, there could be a possibility that China might implode the way Japan did. Coupled with its high inflation rate and large income divide, it might serve to be a major problem in China's growth over the next decade or so.
Then again, it might only be a small drawback for the Middle Kingdom since US and Europe are still screwing themselves with their internal political warfare and stagnating economies, making it easier for the former to be ahead of their rivals in terms of technology, military and economy.