Thursday, May 5, 2011

[Nouriel Roubini] China’s growth strategy is a bad bet

http://www.koreaherald.com/opinion/Detail.jsp?newsMLId=20110420000826

"Eventually, most likely after 2013, China will suffer a hard landing. All historical episodes of excessive investment ― including East Asia in the 1990s ― have ended with a financial crisis and/or a long period of slow growth."

 

 

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