http://www.nytimes.com/2010/01/08/business/global/08chanos.html
i dont know how much you can trust these hedge fund/investment banker types anymore. but the guy does have a credible enough record
the hans are responsible for the economic crisis as much as the yanks. they have caused the world to have massive over-capacity in industrial / manufacturing sector. and they have done this on the back of slave labor of their own people. this is
-bad for economics and trade
-bad for environment
-bad for human rights
in short - bad for all the things that our alleged 'liberal seculars' stand for. but not a squeak out of them . much easier to dump on america - no?
1 comment:
That would make America dubai x 100,000 and India dubai x 1,000,000.
Everything is relative.
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