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To: neolib who wrote (178025)1/19/2009 6:58:54 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
once again I was stating a common misconception. I never had those views myself, in fact I think the whole emerging market growth story is way overstated and may likely never materialize. but to deny this perception existed is really silly. Here it is in print.

"When I was here last winter, the fashionable discussions had all been the decoupling of the Asian economies from the United States, and that nothing happens in the United States is relevant for Asia. Of course, it was never, and is not, true," said Hubbard, who chaired the Council of Economic Advisors under Bush in 2001- 2003.
chinadaily.com.cn