January 09, 2012
You Say That Like It's a Bad, Oily, Thing

Financial advisers are beginning to warn of a growing "shale bubble," but closer inspection seems to be indicating said bubble is fueled by overseas investors. In other words, all that money going to China to buy cheap sneakers is gradually coming back our way. Even better, we're taking that money and giving the "forners" what are essentially pieces of paper. After all, it's not like they can take a giant knife and hack out a chunk of Pennsylvania if something goes wrong. Keep that in mind the next time some chicken-little reporter starts trumpeting "ZOMG!!1!!! Teh Chinee, he owns EVAHTING!!!"

Posted by scott at January 09, 2012 08:48 AM

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