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Economy See other Economy  Articles
 Title: Andrew Sheng Says Sustainability Means Caging GodzillasSource: 
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: 392
 
  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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