Another on-target Kunstler rant.
Americans mortgage their houses and run up credit card bills so they can buy Chinese-made goods and make believe that they are wealthy; while the Chinese make believe that they can grow an economy by selling things to people who can't pay for them.
-- Bill Bonner, The Daily Reckoning
Even Etch-A-Sketch is now being outsourced overseas in China. That's ok, they are desperate enough, and we can all be artists, and entrepeneurs, and computer programmers, and movie directors. Yep, that's the ticket.