I wish I could get an RSS feed of hubris. It's not enough that I only occasionally see something like the following from the FT:
Countries should learn from Beijing's strict supervision of financial markets in order to avoid another credit crisis, a senior Chinese banking regulator has told the FT
It seems very easy to fall into the trap of thinking that one's country or way of thinking beats all others in all cases. This exceptionalism makes me laugh; Big Important Guy seems no better than Wile E Coyote gloating before he gets hit by the rocket he just launched.