The economy will expand if you believe it is expanding–because you’ll be “animal spirited” into buying a lot of stuff on credit that you can’t afford.
It all boils down to perception–that’s the insight at the heart of the Grand Game of Percept…
The economy will expand if you believe it is expanding–because you’ll be “animal spirited” into buying a lot of stuff on credit that you can’t afford.
It all boils down to perception–that’s the insight at the heart of the Grand Game of Percept…
Aug 13, 2011
The pain to come for Chinese exports
By Olivia Chung
HONG KONG – A slowing global economy on the back of debt woes in the United States and Europe will hurt China’s exports in the long run – but not just yet, analysts and industry play…