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Economy
See other Economy Articles Title: Andrew Sheng Says Sustainability Means Caging Godzillas
Source:
Naked Capitalism
URL Source: http://www.nakedcapitalism.com/2011 ... ty-means-caging-godzillas.html
Published: Jul 1, 2011
Author: Andrew Sheng
Post Date: 2011-07-01 20:14:11 by lucysmom
Keywords: Economics, Capitalism
Views: 400
Andrew Sheng, Chief Adviser to the China Banking Regulatory Commission, is wonderfully straightforward and realistic for an economist. He is willing to say, as he does in this video, things that are obvious yet somehow unacceptable to ‘fess up to in policy circles, like the planet simply cannot support 3 billion people in Asia living European lifestyles. He warns of the danger of creating the mother of all crises if governments cannot stem the tide of leveraged capital flows, and also discusses the role of China on the global stage. Enjoy! Click for Full Text!
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