Like S&P, Germany ITSELF believes that it’s time for “the yet superpower” to start saving big time and pronto. And I for one would listen (you know, like listening to E. F. Hutton when they used to talk?) because the Germans have had a whole lot of experience in giving good advice like this as of late. Just look at how their recommendations have helped Greece, for instance.
“The danger is that the Americans are still lulled into a false sense of security.”
“Möglich, dass Obama dann (nach der Wiederwahl) wirklich anfängt zu sparen.”