mohit | Shared With: Everyone - Oct 10 2007 | economist, japan, economy, china
Quoted: China's booming economy is helping to support global growth as America turns sickly. So now it has to keep up the pace
...
Tao Wang, Bank of America's economist in Beijing, says she is optimistic about China's economy in the short term and the long term, but thinks the medium term looks risky. There is a high chance of a sharp slowdown sometime within the next ten years. The problem with years of rapid growth is that it hides problems that are then painfully exposed when times are hard. But for the time being, the chances are that China can keep sprinting even if America takes to its sick bed.- mohit | Shared With: Everyone - Oct 10 2007 | business, economist, investing, stock market, japan
Didn't realize the Japanese stock market is still at less than half its peak from 18 years ago.
Quoted: Contrary to popular belief, stocks do not always go up
...
Nevertheless, investors ought also to remember the world's second largest economy, Japan. Its most popular stockmarket average, the Nikkei 225, peaked at 38,915 on the last trading day of the 1980s; this week, nearly 18 years later, it was still only around 17,000, less than half its peak. 
mohit | Shared With: Everyone - Oct 10 2007 | podcast, economist
You can now get the entire Economist on podcast for free -- if you are a subscriber!
- mohit | Shared With: Everyone - Oct 01 2006 | india, economics, mcdonalds, economist
this is the big mac index! looks like you go to china for the cheapest big mac and norway for the most expensive.
i was wondering why they left off india but not pakistan, and then i remembered you can't get a big mac at the mcdonalds in india.
redotted from akabagel.
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