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Friday, October 25, 2013

Food for thought

Economic advisor to the Indian government, Jayati Ghost, recently co-authored a book titled, "Economic Reform Now: A Global Manifesto to Rescue our Sinking Economies." As Ghost points out, " China is suffering from a banking crisis and in India the situation is even more dramatic. Economic growth has almost halved and panicking investors are abandoning the rupee. Is the Asian era over before it has even begun?" – No comment needed. John Ayers.

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