Agree Poyndexter.
The international media sells the US story as a slowdown worthy of international panic, but the actual extent of the "slowdown" is clarified a little in this video.
US and Japan may remain slow (Japan is flat already), but other parts of Asia, mostly China/India, are still due to grow at 8% in 2008 (!!) AFTER the expected effects of problems in the US (ie: from what was earlier estimated to be 8.3% without the US issues)
An interesting video with comments from the head of Asian Development Bank.
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vpbNROI9l8uQ.asf
Agree Poyndexter.The international media sells the US story as a...
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