[lit-ideas] Re: Tight policy becomes accommodative but aggressive easing, asset bubbles, overheating, propped-up growth, deluges...are unsustainable.
- From: Julie Krueger <juliereneb@xxxxxxxxx>
- To: lit-ideas@xxxxxxxxxxxxx
- Date: Mon, 15 Apr 2013 08:39:52 -0500
Glancing through my email subject lines, I first read this as "aggressive
eating". I see instead it's about over-heating. The last line clears
everything up.
Julie Campbell
Julie's Music & Language Studio
1215 W. Worley
Columbia, MO 65203
573-881-6889
http://www.facebook.com/JuliesMusicLanguageStudio
On Mon, Apr 15, 2013 at 1:32 AM, David Ritchie <profdritchie@xxxxxxxxx>wrote:
> Certainly with this number, policy certainly would not tighten and would
> continue to be quite accommodative," said Tao Wang, an economist with UBS.
>
> However, some analysts warned against any further aggressive easing
> measures, adding that such measures may promote asset bubbles and overheat
> the economy.
>
> "Another year of propped-up growth via state spending and a credit deluge
> would, we fear, push China dangerously close to proving Wen Jiabao correct
> - that the current economic model is 'unsustainable'," said Alistair
> Thronton, senior China economist at IHS Global Insight.
>
> "If something is unsustainable, at some point, it won't be sustained."
>
> David Ritchie,
> quoting the beeb, beeb ceeb
> on China
> http://www.bbc.co.uk/news/business-22148991
>
Other related posts:
