China and India are going nuclear, using Thorium, US did this in 1964

Thorium based molten salt nuclear reactors (MSR) have multiple built in safeties against meltdown or explosion and actually can in theory provide more power per ounce of fuel than uranium based reactors. Why isn't the US doing this anymore? B/c the government regulations for nuclear power plants are all based on the Gen II Westinghouse uranium reactor design and its mods, generating electricity from a new style of reactor would almost be impossible in the US b/c of bureaucracy (the H3TR project in Texas is a proposed research reactor using thorium coated beads, but is not an MSR).

Of course, its not a mature technology, but how is it going to become one if no one in the US is funding it?

No emergency cooling system is needed, which is both expensive and adds thermal inefficiency. In the basic design, an MSR generates heat at higher temperatures, continuously, and without refuelling shutdowns, so it can provide hot air to a more efficient (Brayton Cycle) turbine. An MSR run this way is about 30% better in thermal efficiency than common thermal plants, whether combustive or traditional solid-fuelled nuclear.

China won't grow forever

Interesting look at why and how China will eventually have its economy cool and the affects this will have on them and the US.

If you don't check out the business insider website from time to time, you really should.

One wonders what the portent of this is....

So China actually announces that Billions have been stolen by businessmen fleeing state owned companies to the US. Knowing that this could be embarrassing to themselves, I doubt they announced it just to be nice.

Either they are A: inventing reasons to crack down domestically on the autonomy offered to companies currently, in an effort to sidestep any criticisms of the economy in China (hey, whatever is happening isn't the Govt's fault, its all b/c these crooks, so we're going to crack down on them and HARD) or B: Looking for a way to stage a platform of grievances from which to declare economic war with the US (those shady Americans knew what was going on but allowed all that money into their country illegally, and WE WANT IT BACK) or C: All of the above. Another possibility is D: Something else, that I haven't even thought of, but is still bad for the US of A.

Don't expect this to go away, at least not domestically in China, the govt there will beat this horse whenever they feel it is in their best interest (the ruling cabal, not China). Combine this with China divesting itself of American debt in areas that it can quickly liquidate, and it looks like the Chinese are preparing for something. Keep your eyes peeled and if you aren't already out of the stock market, now's your chance.