Some bloggers and people who follow the real news in the U.S. know that the U.S. economy is in such bad shape (e.g., huge debt overhangs, market manipulation, entitlement liabilities, derivative liabilities, states’ economies collapsing, and so on). They seem to realize how the U.S. has got here (e.g., bad policies, greedy, and stupidity). And yet, the bottom line is: they keep ranting on, but don’t seem to act upon the causes of the problem.
In the meanwhile, many in Asia don’t seem to look at their countries’ books until cardiac arrest.
Which is worse?
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