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Sunday, August 26, 2012
26/8/2012: An outlier
Check out this chart (courtesy of http://macromon.wordpress.com/2012/08/26/week-in-review-35/wir_equity_ytd-52/ ):
I think George Friedman has sketched out a fair idea of how things may unfold in China: http://historysquared.com/2011/01/25/stratfors-george-friedman-sees-trouble-ahead-for-china/
The meagre growth in exports in July and talk of the government resorting to 8 trillion yuan worth of 'stimulus' hardly bodes well for the future.
I think George Friedman has sketched out a fair idea of how things may unfold in China: http://historysquared.com/2011/01/25/stratfors-george-friedman-sees-trouble-ahead-for-china/
ReplyDeleteThe meagre growth in exports in July and talk of the government resorting to 8 trillion yuan worth of 'stimulus' hardly bodes well for the future.