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Ricard is a
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1238 comments
Rating: 1479
(2502 
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A great, realistic assessment of China today. I was very skeptical about all the hype that China would come through this US mortgage induced recession unscathed. It should really make one pause that your assessment is that Roubini was not bearish enough.
Jan 02 15:04 pm
|Rating:
+3
0
All Comments by Ricard »Depression, PMI and China [View article]
Your reasoning is certainly sound, and given the demographics you cite, it looks like a consumer-led recovery in China is not in the stars. Equity-wise, do you think this is already baked in to the securities? Many are still down 70-90% from their highs, and the Baltic Dry Index has yet to recover.