What is the destination of their march? The poorhouse? Who are they hoping to impress? The Germans? After the march their leaders no doubt told them that the Germans will once again subsidize their consumption.Here in America Obama has great faith in China and Bernacke. Soon it will be apparent that those who consume more than they produce cannot be saved by endless subsidies, financial gimmickry and the endless printing of currency.
How soon do you think that will be? (The answer, of course, is: When it is way WAY too late.)