semuren

Surprise Shocks for US Earnings Mean Trouble for Asia

alphadisclousre, your comments seem confused. First, there were no nations, in the sense that we know know them 4000 (or even 400) years ago. It is an apples vs.oranges type problem.

I am not sure what you are getting at about Pettis, but I assume that you mean to make some sort argument of guild by association with the recent Bear Stern mess. I suggest that such an argument is not warranted on factual or logical grounds. So the logical problem is that just because someone worked at Bear does not mean that that person is responsible for the problems that made Bear go belly up. You might argue that about the head of the company or some other major manager or partner involved in some crucial policy that lead to the failure, but to tar everyone there with that brush is simply silly, and foolish. Second, as far as I know Pettis has been in Beijing for some 4 or 5 years, so that should distance him from the recent problems at Bear.