Comments on: Dalian Man http://blogs.reuters.com/anatole-kaletsky/2013/09/11/dalian-man/ Sat, 03 Jan 2015 16:42:55 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: tmc http://blogs.reuters.com/anatole-kaletsky/2013/09/11/dalian-man/#comment-1188 Thu, 12 Sep 2013 12:05:25 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=534#comment-1188 The difference seems pretty plain to me. In the west, our financial system believes that it should do everything to better itself and that will “trickle down” to the rest of the economy and people. They are confident in this to the extreme. Just look at the reaction to the 2008 crash. They believe in themselves so much that they also believe the eastern or emerging economies MUST emulate them. SO they predict issues just as they always have seen them. The author points out very well though that the res of the world does not believe in the unregulated open markets of the Reagan society. I say good for them. I hope they do well and can help us out when we crash again and completely lose the reserve currency status. It seems inevitable that American paper currency will be used for starting camp fires soon.

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By: JoJoJoJoJoJoJo http://blogs.reuters.com/anatole-kaletsky/2013/09/11/dalian-man/#comment-1187 Thu, 12 Sep 2013 11:27:58 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=534#comment-1187 Which Chinese politician or economist, realistically, would admit in a public forum, in China, that China risks a serious debt crisis? Only a soon-to-be unemployed one. I would say the usefulness their discussion is severely reduced as a result.

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