I love when europeans tell us how we think...
I don't think I've heard ANYONE say everything is "rosey" in many months.
Your right this country needs to stop consuming like mad.
Intrest rates are gonna rise soon. Thats about as extreme as I'm gonna get with my predictions.
The only reason this is differnt than the 70's is becasue we now have Europe "Banding" together to create a currency (wich has its own set of flaws).
Right now the euro is whooping ass becasue OF GOLD BACKING. Look at gold look at the eruo. Its not hard to figure out.
America is beyond the point of being able to move to a gold standard and the fear of a dropping dollar feeds upon itself. So yea were in "trouble" but thinking that those stupid americans don't know it is just being conceded. American citizens own more gold than the citizens of any other country in the world and its not becasue we arent paying attention.
P.s. The Euro is ugly
