Joe Rogan made an entertaining appearance on Leno tonight, talking politics & smack. While doing some e-stalking, I found this: fan video (not made by him, tho he did tweet about it). Interesting independent political perspective.
China, along with the rest of the universe, continues to prove just how wrong Keynesians are about infrastructure/stimulus spending. Almost always, the result of such spending is a handout to politicos. It causes incalculable disruptions to the real economy. No matter how well-intentioned the pundits who begged for it were.
As a result of the bad debts created, China will continue to devalue their currency and continue to have high inflation.