Bonjour,
Ancien de shanghai, et désormais au brésil, je continue de rester connecter à bonjourchine, et je continue de m'interesser au futur des pays emergents face au pays s'immergeant.
J'ai trouvé cet article bien interessant
Interesting note here... Mark Lapolla of Knight Capital mentioned 8 reasons why he sees similarities between China and USA prior to the Great Depression:
1) Massive disparity of wealth, income and education
2) Rapid industrialization and displacement of labor
3) Opaque and misleading economic and financial data
4) Massive build-up of leverage across the “rising class”
5) Bubbles in both residential real estate and fixed asset/infrastructure development
6) Accelerating and uncontrolled growth in disintermediated credit
7) Expected transference of economic growth to domestic demand
8) An accelerating price/wage spiral
Coincidence or not?
Ancien de shanghai, et désormais au brésil, je continue de rester connecter à bonjourchine, et je continue de m'interesser au futur des pays emergents face au pays s'immergeant.
J'ai trouvé cet article bien interessant
Interesting note here... Mark Lapolla of Knight Capital mentioned 8 reasons why he sees similarities between China and USA prior to the Great Depression:
1) Massive disparity of wealth, income and education
2) Rapid industrialization and displacement of labor
3) Opaque and misleading economic and financial data
4) Massive build-up of leverage across the “rising class”
5) Bubbles in both residential real estate and fixed asset/infrastructure development
6) Accelerating and uncontrolled growth in disintermediated credit
7) Expected transference of economic growth to domestic demand
8) An accelerating price/wage spiral
Coincidence or not?