Do We Have What It Takes To Get From Here To There? Part 1: Japan

http://charleshughsmith.blogspot.com/2012/11/do-we-have-what-it-takes-to-get-from.html

The U.S. Status Quo is as intellectually bankrupt as it is financially bankrupt. Our "leadership" cluelessly clings to the only model they know: incentivize "consumers" into borrowing more money to buy more "stuff" from China, in the magical-thinking belief this churn will somehow lead to sustainable "growth." This is akin to handing a parched alcoholic a fresh bottle of whiskey to wean him of his addiction.