Sunday, June 25, 2006

WORST CASE SCENARIO

Jubak has written a sobering article at MSN Money http://articles.moneycentral.msn.com/Investing/JubaksJournal/TheWorstCaseScenarioIsNotAboutUs.aspx. The political ramifications of a slowing of global economic growth in China and India are serious. Slow economic growth will create pressures on their economies and societies which will have world wide consequences. Most of us go through life thinking that tomorrow will be like today, but the global system is much more fragile than many of us realize.

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