One of our loyal readers brought this article to my attention and it is well worth reading and considering.

The article compares the US and German economies and the fact that while our economy is still struggling the German economy is moving along and a steady clip. Since the growth (or lack thereof) is only reflected by a short period of time the author does not suggest that it proves our model wrong or the German model right, but it is interesting to ponder.

The point he does make however that part of the reason the German economy is recovering more quickly is because they took care of the fundamentals over the last decade while we borrowed and spent.

I’m quite sure a lot of you have thoughts, so sing on out.