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zoomba zoo, page-49

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    I haven't been through the Zoomba Zoo posts - so the following may have been posted already.

    http://www.marketwatch.com/story/australia-facing-a-hard-landing-andy-xie-2012-10-25?link=MW_story_popular

    Andy Xie is a respected commentator on China. He's had a bear bias for a long time. So that should be considered in reading the article. At one time he was Morgan Stanley's chief economist on Asia. Prior to that he was an economist with the IMF.

    Here's some of what wikipedia says about him:

    'Xie is one of the few economists who accurately predicted economic bubbles including the 1997 Asian Financial Crisis[citation needed], dot-com bubble (1999)[citation needed] and Subprime mortgage crisis (2008)[citation needed]. Xie considers himself as one who has had a reasonably good record at calling bubbles in the past. "I wrote my doctoral thesis arguing that Japan was a bubble in late 1980s, a long report at the World Bank in the early 1990s arguing that Southeast Asia was a bubble, research notes at Morgan Stanley in 1999 calling dotcom boom a bubble, and numerous research notes from 2003 onwards arguing that the U.S. property market was a bubble. On the other hand I have never called something a bubble that turned out not to be a bubble."'

    Redbacka
 
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