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+--- Thread: Blame it on Those Crazy Asians (/Thread-Blame-it-on-Those-Crazy-Asians)
Blame it on Those Crazy Asians - DMG-network - 28-12-2010
The fundamental problem in the world economy is deflation brought about by over-supply that was not recognized until the credit bubble burst, argues Russell Napier, a highly-regarded strategist at the CLSA investment bank. In North Asia a system that targets full capacity and full employment, with little interest in return on invested capital, is designed [...]
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