Maybe you haven't heard this yet in the 'Chinese province' of Taiwan, but generalizing glibly on other nationalities 'work ethic' is considered borderline racist in the American state of 'the West'. Aside from this minor observation, even if we assume that your generalization is true, it is too much 'work ethic' which is the problem! Germans, Chinese, Taiwanese, and Americans need to adopt Spanish lifestyle if we are to ever get out of this mess.
I am sorry that you feel this way or that my statements are taken as such. Of course I was merely stating the same thing that businessweek observed from the lens of my relatives. If both views (businessweek and my) are interpreted as racist then I am very sorry that it had that affect. I guess the point I was making is that a change in incentives toward what Saint Peter said "Those who does not work does not eat" is the way out of this unemployment crisis and not more of the same old tired demand mangement.
That's just as ridiculous and baseless as your previous post. Let me get this straight: your cure for the Eurozone crisis is to destroy any sort of transfer payment system and let the chips fall where they may? You're either a sadist or delusional.
There is nothing logical about it: it would cause a depression and revolution. Just as pleasure is not attained by whipping one's self, recovery isn't attained by cutting back on aid to the sectors of society that would die quick deaths without it.
