Here is a link to a very interesting article on booming germany.They do use the ant and the grasshopper story to get their point across.  http://www.csmonitor.com/Business/The-Daily-Reckoning/2010/0824/Is-booming-Germany-caught-in-an-ant-trap   triffid

It was only a month ago that Martin Wolf led a “great debate” on how governments should react to the financial crisis. Of all the ideas to come out of financial crisis of ’07, Wolf proposed one of the most remarkable. He illustrated it with the fable of the ant and the grasshopper. He saw two types of economies. There were those that produced and those that consumed. The trouble, according to Wolf, was that the two didn’t compete at all. Instead, they lived in a kind of symbiotic parasitism. The grasshoppers lived off the labors of the ants. Not only did the grasshoppers make the things that the ants used, the ants took the grasshoppers’ money and lent it back to them, so they could buy more. The grasshoppers were ruining themselves. But the ants were making a mistake too. They were building up capital, but what could they do with it? There was no point in expanding output capacity; arguably, they already produced too much. And what could they buy? The grasshoppers had nothing to sell.
That was not the worst of it. When the grasshoppers had spent too much, said Wolf, both bugs were trapped. If the grasshoppers in Spain and Greece were forced to spend less, the ants in Düsseldorf were condemned to sell less. Their economies were doomed to go down together, like galley slaves chained to a sinking ship.
In any case, it looked like the sort of thing the fixers could fix. Germany is all make. Greece is all take. The system was out of whack. Trade flows must balance out to zero, so Wolf et al concluded that the problem could be corrected on either side. Germany could stop working so hard and exporting so much stuff it didn’t want. Or, Greece could stop spending so much money it didn’t have. Since any slowdown in spending threatens the “recovery,” it would be better for Germans to do more spending themselves. They should raise wages and encourage their own people to buy more Audis…more ouzo…and more pointy shoes with curled up toes. This was no time for austerity.

Like I thought a short term hike in the amount of debt is coming around as the way to go.Remember I said business as usual is better than no business at all.This way we might avoid martial law a little longer?  http://www.newsmax.com/InsideCover/Debt-hike-short-term-Obama/2011/07/21/id/404407  triffid

Quote from: triffid on July 21, 2011, 01:28:18 PM
Like I thought a short term hike in the amount of debt is coming around as the way to go.Remember I said business as usual is better than no business at all.This way we might avoid martial law a little longer?  http://www.newsmax.com/InsideCover/Debt-hike-short-term-Obama/2011/07/21/id/404407  triffid

Yeah, sounds good to me, but other factors are also at work:
1) European debt
2) North Africa and the Middle East
3) Instability at Fukushima
4) North & South Korea
5) The Mexican drug gang war
6) Afghanistan and Iraq
7) Home-grown terrorism
8 ) Natural disaster(s), here and abroad
9) The new political feud involving politicians(the Wasserman Shultz--West debacle)    9A) Some Republicans appear not to care if this country goes into debt default
10) The housing crisis + several States defaulting on what they owe

So, I agree with you the end may be staved of temporarily, but I think we can agree:  It's coming.  Yes, yes!  It's coming!

--Lee

http://patents.com/us-4428193.html        here is the patent for the papp engine.As in mono atomic hydrogen
there appears to me that there is some sort of" matter into energy" conversion process going on here.I am not set up to do any experimenting myself.triffid