""It is amazing that in the midst of the biggest commodity boom...

""It is amazing that in the midst of the biggest commodity boom ever seen they have still been unable to get a current account surplus. They have been living beyond their means for 10 years. What worries me is that productivity growth has been very low: they have coasting after their reforms in the 1990s," he said."

Says it all right there.

Tears of blood to come.