I believe is this stupidity of the americans is whats been fueling the worlds economy.
Americans spend money on things they do not need. How many ipods do one needs to own?
Factories in China makes useless stuff for the american consumer market.
Even peesaipore was jumping on the flat screen bandwagon not too long ago.
Well guess what, warehouses in the US are full of these crap. Factories orders have stop.
In the end Americans still benefit from all these surpluses and the price slashing.
The rest of the world have to wait till the americans get back to their stupid spending ways for it to recover.
To me the countries that rely on these stupid overspending americans are really the stupid ones.