Originally I planned to write in this space about the vacation to China I took back in September. I had dreams of portraying China as a great nation with even greater potential, and then shredding the illusion that China’s governance is anywhere near what the West expects it to be.

Well, shredding another nation’s governance is hard to do when your own country’s financial system is one step short of a Three Stooges routine. So let’s stick closer to home.