Umair Haque / Bubblegeneration
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Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.


 
Wednesday, November 24, 2004


Macropocalypse

Roach may be more optimistic than the now infamous Globe article contends:

"...In my view, the measured venting outcome is the most likely of the three possibilities. That would entail a managed but sustained decline in the dollar, a gradual increase in real US interest rates, a moderation of growth in interest-rate sensitive components of US domestic demand, and a related rebuilding of private saving. It would also require a regeneration of domestic demand elsewhere in the world � gradually transforming Asia and Europe from savers to spenders."

Link.

-- umair // 1:45 PM // 0 comments


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