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China’s Inauspicious Year

Nation, by Jeffrey N. Wasserstrom - No matter what happens next, 2008 is shaping up to be one of the most eventful and tragic years in recent Chinese history. And the way the Chinese people and the Communist Party leadership have risen to meet these unforeseen events challenges us in the West to rethink our often distorted view of China. Here are five lessons that are emerging:

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The World in 2009

Economist - Anyone hoping for a period of calm after the turbulence of the past year will be disappointed. For the economy and for business, as well as for politics, 2009 promises to be a year of bracing adjustment to a changed world.

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Detroit Shock Doctrine

Nation - Bloomberg reports that a General Motors failure would cost the federal government $200 billion. And the Center for Automotive Research concludes that if the Big Three fail, it will mean the loss of 3 million jobs in the first year of collapse.

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Americans Drive Less, Creating a Problem

WS Journal - Americans burned about 5% less gasoline in August than a year ago, according to Energy Information Administration data. Policy makers want us to conserve oil. But now that we have, the funds that pay for roads, bridges, rail transit and other transportation infrastructure are falling right along with gasoline [...]

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