made in Hong Kong

As reported by The New York Times – “A senior Chinese official said on Thursday that China would not bow to pressure from the United States to revalue its currency, which President Obama says is kept at an artificially low level to give China an unfair advantage in selling its exports.”

Here’s what would’ve happened next in The New Mudd Times – “President Obama immediately held a nationally televised press conference where (without a tele-prompter) he explained the situation to the American people, then asked them to take a break from buying cheap Chinese crap.”

Alas – it appears Frederick Jackson Turner was right after all.

posted by Mudd