China buys the American Dream

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Warren Buffett warned us about this in Fortune several years ago. One of his famous folksy tales compared America to a farmer selling off his land to finance his high-on-the-hog lifestyle. Buffett offered a simple economic solution. But I'm getting ahead of myself ...

First why are we so out of control? Why, like addicts, can't we stop ourselves? And why are we trapped in this sinking feeling brilliantly described by Benjamin Barber, author of "Jihad vs. McWorld," writing in The American Conservative: Trapped in "a world of adolescents: children with consumer power and adults with the appetites of spoiled kids." Why is more never enough? Why do we want stuff now? Why forget tomorrow? "