Tell me where have you been? Around the world and I’m back again
Ezra Klein, The Washington Post
6.4.10
“I left China feeling pessimistic about the country’s economic prospects, though I sincerely hope that I’m wrong. Pessimistic, in this context, isn’t meant to imply the country’s collapse. Rather, I think that economic growth will drift down from the supercharged numbers China’s put up over the last decade to something more in the mid-single digits. All in all, that seems normal, even inevitable. Saying China’s growth will slow down is simply saying economic reality will assert itself. Countries grow more slowly as they get richer. But in China’s case, this could be a problem.”
Ezra is one of the best in a new, up and coming generation of journalists. I’m pretty pumped to read about his observations during a recent trip to China. Based on the introductory post, it sounds like he’s bringing a pretty fresh perspective to its rise.
