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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (21061)1/11/2005 3:12:36 PM
From: RealMuLan  Read Replies (1) of 116555
 
"Last year the IMF conducted a simulation of what would happen if China experienced a "hard landing." Assuming a decline in the rate of the growth of investment in China of 5.5 percent, the simulation showed that such a decline would lead to a 4 percent GDP fall and a 10 percent imports fall in China. It might cause a world GDP fall of only 1/3 of 1 percent, since the United States and the E.U. are still important export markets, Krueger said."

washtimes.com
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If this is the result of hard landing people are predicting, I am ok with it<g>
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