I like being right but sometimes I wish I wasn’t. Last March I wrote a couple of posts about what I foresaw for the U.S. economy. Now another piece of the puzzle that I discussed is coming to pass:

China Losing Its Taste for U.S. Debt
http://www.nytimes.com/2009/01/08/business/worldbusiness/08yuan.html?th&emc=th

Here’s the post I wrote back in March 2008

Slow Motion Train Wreck
http://shuttersparks.blogspot.com/2008/03/slow-motion-train-wreck.html