Well That's No Good At All, Is It?

China's bubble economy bound for collapse, says STRATFOR.

Meanwhile, Chinese timber demand (due to the recent Chinese rediscovery of the virtues of wooden homes) now threatens the world's forests, according to the WWF (the panda people, not the wrestlers.)

And hopes for a future source of energy take another hit, as negotiations break down between the EU and Japan over the siting of a prototype ITER nuclear fusion reactor.