This current fad in cinema-viewing was given an even newer twist by Nobel Prize -winning economist Paul Krugman at the recent Asian Financial Forum in Hong Kong. Optimistically, he predicted better times once the following are attended:
Deleveraging - global debt is cut;
Demography - negative population growth is reversed in Japan and Europe;
and Dogma - change in thinking and focus from inflation to helping out countries in
crisis like Italy and Spain, as well as China's adjustment of its GDP(50% investment and 30% consumption) relative to slow growth.
In meditation, issues of finances, persons and their beliefs are likewise involved. We share Mr. Krugman's belief that there is a way of these conflicts.
No comments:
Post a Comment