Don't look now, but the Chinese agency responsible for building high speed rail has wracked up $271 billion(!) in debt and train speeds have been slowed to 30 M

Don't look now, but the Chinese agency responsible for building high speed rail has wracked up $271 billion(!) in debt and train speeds have been slowed to 30 MPH[1]. A side note, I picked this up at National Review's "The Corner" blog, which is always entertaining. [1]http://www.washingtonpost.com/opinions/chinas-train-wreck/2011/04/21/AFqjRWRE_story.html http://www.washingtonpost.com/opinions/chinas-train-wreck/20...