The Grand Banana Republic may be the biggest debtor nation in the world but in most other respects the writing is on the bathroom wall: China is the new star of the world. Almost half of the tallest buildings in the world are located in China. The GBR has three. Their cities are booming. “Financial gloom,” writes AP, ” has derailed plans for new towers in Chicago, Moscow, Dubai and other cities. But in China, work on the 2,074-foot (632-meter) Shanghai Tower, due to be completed in 2014, and dozens of other tall buildings is rushing ahead, powered by a buoyant economy and providing a steady stream of work to architects and engineers” (here). And getting between those modern cities? Bullet trains. China is developing thousands of kilometers of bullet train routes, with sleek 300 mph hour engines. The GBR doesn’t have one. Not only are we behind China, but we’re behind Japan and Europe too. It’s like a horse race that’s already started and we haven’t got out of the chute yet. Read story (here.