My Op-ed in the South China Morning Post of 14 February, 2015 carries a tagline "Can a slowing China navigate round a global storm of debt and asset bubbles?"
This tallies with an article (15 February) quoting similar warnings by David Stockman, former director of the Office of Management and Budget (OMB) under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier - The Global Economy has entered the Crack-up Phase
Many people may think that there is a lot of fear mongering. This time is different, they may say, Perhaps they should read the opus by eminent scholars Professor Carmen Reinhart of the University of Maryland and Professor Kenneth Rogoff of Harvard University - This Time is Different - Eight Centuries of Financial Folly (Princeton University Press, Princeton and Oxford, 2009)
