Asia's current economic woes have come as no surprise to Marc Faber. One of Asia's most famous bears, he has been forecasting doom for quite some time. Paul Krugman, an MIT professor of economics, is another who has long argued that the region has overstretched itself. But as Faber points out in a recent edition of his Gloom, Doom & Boom report, "when Krugman published his critical article about Asia's growth prospects, numerous articles by Asian fund managers and strategists countered that Krugman didn't know what he was talking about".
Now is Krugman's moment of vindication. People in the region had begun to argue, he says, that Asia...
The rest of this article is available to subscribers only
Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.
Subscribe online today
- Your print copy delivered every month
- Over a decade of archived content
- Daily news and updates
- Personalised email news feeds
- Unlimited online access
- Access to all our survey and award results
Subscribe
Free 48 hour access
- Online access to Euromoney.com
- In-depth analysis and comment of the international capital markets
- The best of our editorial comment by email
- Complimentary digital magazine sample
Start Trial
Questions about your subscription status?
Email us or call: +44 (0) 20 7779 8888