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To: Perspective who wrote (10291)	4/15/2009 10:10:06 PM
From: skinowski	Respond to of 41532

I suspect it may not be impossible for big chunks of Asia to "decouple" from the Old (and New) worlds, and to do well. After all, the West was able to reach great levels of prosperity while the East, for the most part, stayed behind. Who knows, if Peak Oil kicks in for real, in the future economies may once again become more regional. But all this is pure speculation. As far as India declining in 3 vs. 5 waves, with all due respect this analyst seems to forget that 5th waves often "fail". Could still be a five waver.... this guy is overplaying his hand. Or, as you say, even as a "three" it may still be just the first leg of something much larger.