Stephen Roach doesn't expect either China or India to witness a hard landing, though, like Doug...


Stephen Roach doesn't expect either China or India to witness a hard landing, though, like Doug Kass, he thinks India is more at risk of one. Whereas Chinese authorities can easily engage in monetary easing, following their successful efforts to combat inflation, a current-account deficit, weak rupee, and still-high inflation make it difficult for Indian authorities to do the same.
Comments (1)
  • HistorySquared
    , contributor
    Comments (33) | Send Message
     
    The literature, such as the below, showing the degree of credit growth is correlated to the severity of recession trumps the "home bias" of Dr Roach.

     

    http://bit.ly/v6FIkY

     

    Other countries have credit bubbles as well: hong kong, brazil, thailand, indonesia, turkey, and australia among them.
    27 Dec 2011, 04:13 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs