Readers' comments (9)
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Caijing Reader 2009-09-21 14:23:35    post
No amount of analogies , histories and existing models could ever predict the outcomes of the gamble the regulators have bet on. The global economy in its complexity as of today is a complex web of inter connected activities
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Caijing Reader 2009-09-21 14:23:33    post
No amount of analogies , histories and existing models could ever predict the outcomes of the gamble the regulators have bet on. The global economy in its complexity as of today is a complex web of inter connected activities
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Caijing Reader 2009-04-21 16:26:23    post
boo andy, boo
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Caijing Reader 2009-04-17 10:36:28    post
the analysis lack a deeper dig: what fact decides the asset price? and how the asset price has been decided? so andy, if you could answer this question will be much better. And, please with your solutions to those STUPID government. Don\'t always say what is wrong, please do tell us what choice will be a good one.
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Caijing Reader 2009-04-15 07:30:03    post
China\'s attention should not be centered around stock market vibrations. China should go on with structural reforms and innovation to be prepared the next economic upturn called the "green revolution". High-end mobile phones, electric cars, web-based softwares, solar panels should be accessible for the Chinese masses - and later for the slowly recovering global market. Then and only then will we see the distructive character of bank bail-outs and artificial fiscal spending in the G7 countries.
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Caijing Reader 2009-04-15 06:08:15    post
As many times before excellent work however I would like to gain a better understanding of how we get to "stagflation" give the huge amount of under utilized capacity everywhere or does it come via another run up in commodities?
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Caijing Reader 2009-04-14 17:44:11    post
I believe that this round of rise is just a bear market rally. How could the economies recover in such a short period of time after the hardest hit in history? More lendings mean more speculation and bigger bubble in the future.
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Caijing Reader 2009-04-14 10:11:31    post
What about Chinese stock market? It has bounced nearly 35% from bottom to top. Will it dip back to the bottom?
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Caijing Reader 2009-04-14 04:07:00    post
It is understandable that no body, I meant no one really, has a crystal ball in predicting where the market will be in a year. It may just really be the case that all the fiscal spending by the US, China and other governments could work and we would in deed see a global recovery next year. It is entirely ironic to see a joker who predicted in 2005 that oil price would collapse some again predicts that the bear market won’t end until it brings down Warren Buffett. Your paper is
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