For the past couple of years I have been saying that America would have to rebound first and firm up some demand before the world economy can climb out of this downturn. More bullish commentators have assured that Asia could rebound without the West.
Stephen Roach of Morgan Stanley explained (again) on CNBC yesterday, why hopes for the East to rebound before the West are unfounded in reality.
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Books
Press Release Praise for Juggling Dynamite “An explosive critique about the investment industry: provocative and well worth reading.”  –Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.” –MoneySense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.” –Toronto Sun
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Tuesday, June 30
America, not Asia, will lead the recovery
by
daniellepark
on Tue 30 Jun 2009 07:04 PM EDT
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Key Interview
Danielle speaks with Jonathan Chevreau on the Financial Post's blog Wealthy Boomer.
Part 1 Part 2 Recent Multimedia
Audio and Video Interviews“Dear Ms. Park, I watched your appearance on BNN today, and I just have to leave you a message saying 'Thank you' for giving viewers your very frank opinions about how things are going and certain industry practices. I appreciated you trying to give as much information as you could during that (too) short segment. Thank you for what you are doing for all investors!” —blog reader, April 30, 2008
“Each time I see Danielle Park on BNN, I am impressed with her comments and insights. Other than Rick Santelli on CNBC, she is the only commentator that I feel is completely honest and trustworthy.” —M. Scher, Toronto
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