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Andy Xie speaks....

besotted

Alfrescian
Loyal
If governments don't understand and simply try to bring back the "good times" of an asset-based economy, it could result in a decade of stagnation.

By Andy Xie, Caijing guest economist and board member of Rosetta Stone Advisors Limited

http://english.caijing.com.cn/2009-03-04/110111590.html

China Number 1. Xie Guozhong is the best economist in the world. Fluent in both English and Chinese and not afraid to speak the truth

China Number 1!
 

Leegimeremover

Alfrescian
Loyal
If governments don't understand and simply try to bring back the "good times" of an asset-based economy, it could result in a decade of stagnation.

By Andy Xie, Caijing guest economist and board member of Rosetta Stone Advisors Limited

http://english.caijing.com.cn/2009-03-04/110111590.html

Boring and 3rd rated but have loud mouth of Shanghainese. I would rather take the Iranian Jewish American economist Roubini that losers hate. Say he was just lucky brah brah when losers cannot even come up with any substantial. Listen to Roubini!
 

newyorker88

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Loyal
After reading, I have to agree with most of Andy Xie's points.

Change is necessary and USA has to figure a way out. It is either they will continue with the shit(republican crap), or change directrion( thank god, Obama got elected)


If PM lee can write something like this, I would vote for him too. Too bad,
he knows only

" What to do, it has happened"

" fix oppositions"
 

makapaaa

Alfrescian (Inf)
Asset
>>>Export-led development usually reflects weaknesses in the political economy – the inability to efficiently turn savings into investment. The causes are usually lack of the rule of law and income and wealth concentration. <<<


front-xymm26.jpg


Rule of Law? Or the Lack of It?
 

makapaaa

Alfrescian (Inf)
Asset
>>>Lack of domestic demand tends to result from income concentration, which is due to uneven playing field in opportunities. Many developing countries, like South American and Southeast Asian countries, have stagnated in the past decade due to their inability to reform their political economies.<<<
 
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