Posted
12:29 PM
by Gene
TRANSLATION: This depr -- GLOBAL ECONOMY isn't a blip on the screen, whatever the blithe talk about debt.“The credibility of the Anglo-Saxon model is under threat,” Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., said in a Web commentary last month. “Yet there are no ready substitutes that are able and willing to step in.” We have two: CHINA and INDIA.