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The Mythical Recovery# Investment - 投资
s*l
1
The Mythical Recovery, Stephen Roach
[He pretty much says it all here. I will try to find some good rebuff from
bull side]
"From my jaundiced perspective, renewed weakness in the US economy hardly
comes as a surprise. It’s an unmistakable outgrowth of an upturn that has
been of highly dubious quality from the start. The consensus view is that
America has entered nothing more than a “soft patch” -- the momentary lapses
that most recoveries experience before resuming their upward march. Now that
t
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