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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (104349)	2/9/2014 12:59:46 PM
From: Snowshoe	Respond to of 218108

Thanks, I'll check out Michael Pettis and then comment. Super busy here at the moment.

To: THE ANT who wrote (104349)	2/13/2014 6:30:20 PM
From: Snowshoe	Respond to of 218108

>>Michael Pettis is the best economist out there blog.mpettis.com and he says countries like Brazil are only one half way through their China correction. China will slow much further.<< I checked out his blog. We hear so much about a supposed China hard landing, but Pettis says it will be a "long landing" with declining growth rates... The impact of reform on growth Posted by Michael Pettis on January 29, 2014 blog.mpettis.com Although rising debt increases the probability of a hard landing, for now I expect neither outcome. More likely, I believe, is a “long landing”, during which growth rates will drop by roughly one to two percentage points every year for the rest of this decade. Implementing reforms will protect China from a hard landing. It will however force much lower, albeit healthier, growth rates.