20.7.05

Pigs Fly, Cats Bark,

and Tom Friedman writes a column that makes a lot of sense:
The real issue is that we have slipped into a symbiotic relationship with another major power that is neither a free market nor a democracy. We have both grown dependent on that relationship - the U.S. for cheap goods and cheap mortgages, and China for high employment and regime stability. We now have to adjust the bargain at the heart of that relationship.



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