Page G4: The rising confidence in US is most pronounced when it comes to the world's largest economy. Investors rate the US with some emerging markets. Thirty% chose the US, just behind China,33%, and Brazil,32%. Three months ago, the US was a distant fourth,chosen by 18%.
China reported that its GDP surged to 10.7% in the 4th quarter,marking its fastest growth in any quarter since 2007.
Page B7 an Ad apropos of the newly published book for reader's reference.
"Freefall" by Joseph E. Stiglitz, winner of the Nobel Prize in Economics.
Subtitle: America,Free Markets,and the sinking of the world economy.
Stiglitz outlines a way forward.: Like his best selling Globalization and its Discontents, "FreeFall" is an instant classic that will redefine our understanding of the coming global economic order. He helps his readers understand exactly what is at stake. Published by W.W.Norton. www.wwnorton.com for information.
My comment: It is a quick-knowing nimble contribution of fungible money being economic exchanges globally with profound insights. Hooray for such exposition to the readers from his expertise par excellence!
One of my students raved about Professor Stiglitz with admiration when he was a guest lecturer in Guangzhou in 1992-1993 to my recollection.
Francis Shieh aka Xie Shihao,a guest lecturer in Guangzhou and Beijing from 1992-1996but still a lifelong student of economics to learn economics from other economists for knowledge and wisdom ad infinitum. Sunday, January 24 2010 at 9.16 a.m.
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