[TheGeezer]

What you say is true. The international scene is worse even than ours, since our transparency, relative to the rest of the world’s economies, allowed our bubble to pop ahead of everyone else’s. The rest of the wolrd is lagging us by a few months to maybe a year.

Indeed, how can we borrow aborad to finance our debt is a profound obstacle to socialist dreams which never create wealth.

[RedMonqey]

The world's economic engine has a new engineer and he doesn't know how a locomotive engine works.(worse yet, he hates coal)

The baggage cars(the rest of the world) of the train can be run like a brothel under the whim of a pimp and it won't slow down the train.

As long as the engine is under contol of the steady hand of an competent engineer who knows how to keep steam under pressure and the boiler hot, the train will meet it's schecule and the passengers blissfully unaware of his efforts.

The world has cast scorn on America for being too loud, outdated, clumsy and too "dirty" in delivering the world to it's destination. It's time now to see if the world can no longer take the locomotive nor the old engineer for granted and see if an "community organizer's" great oratory can replace motive power( steam engine)

The markets have given their opinion.