Sunday, June 22, 2008

Manifestation of Asian Growth Risks

The LA Times today brings confirmation of the precarious economic situations of China and India. This confirms my article last week about the popular misperception of Asian economic prowess. The Asian Depression is coming soon. How everyone deal with it will define the Twenty-First Century, just as the Great Depression defined the Twentieth Century.

PS: The Chinese official CPI for May'08 is rumored to be 7%. Looking for confirmation report.

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