Economists Gone Wild!

Or, "Dangerous New Phase of Financial Crisis (5)". It didn't take long at all for the anti-China recriminations over the financial crisis that I discussed in my last post to jump from the WaPo to other media.

University of Maryland professor Peter Morici just went berserk on Bloomberg TV tonight. Shouting down Hongkong-based anchorwoman Catherine Yang, he screamed that China is the most protectionist country in the history of the world, and predicted riots in the streets of Shanghai.

He is a regular guest, and always animated, but losing it and getting personal with the anchor has to be a bit unusual.