Barrack Chavez

In a clash of the titans, Warren Buffett just defeated Elon Musk. The fight was over solar net-metering in Nevada , a state that has the fifth largest installed solar capacity in the country. Nevada is home to Tesla’s ‘Gigafactory,’ which will produce batteries for electric vehicles. In addition to CEO of Tesla, Elon Musk is also the chairman of SolarCity, and net-metering – the policy that allows homeowners with solar panels to be paid for the power they produce – is central to solar economics.

Two days ago we said that the explanation provided by China's latest corporate fraud, China Animal Healthcare, for "losing" its books, may well be the greatest official reason provided by a management team for cooking the books. As we summarized, "China Animal Healthcare said in a statement to the Hong Kong stock exchange that a truck loaded with four years’ worth of its original financial documents was on its way to Beijing.

On Jan. 1, 2002, the day that euro coins and banknotes entered into circulation, my column, “Say Goodbye to the Mother Continent,” contained this pessimistic prognosis: The column described what was already happening. “Europe is dying. There is not a single nation in all of Europe with a birth rate sufficient to keep its population alive, except Muslim Albania. In 17 European nations, there are already more burials than births, more coffins than cradles.