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Wednesday, May 28, 2008

Dispatch from the Frontier

The news: High oil prices are about to undo all globalization since the 1970's.

Surprise! Turns out the global economy depended on cheap oil. We're shocked, shocked.

Also: scientists discover this is not actual size of earth.

Now we're about to see the split between wealthy China and wealthy oil exporters -- seems any resemblance was purely coincidental. China will have to look for a new growth industry besides exports. Suggestion: buy North America before the bottom drops out of those trillion US dollars.

Next - Mexico: Our new China!


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