Asia's Economic Outlook In Light Of The Global Economic Crisis
Posted March 9, 2012
Below, please find a link to a speech I made before the CFA Institute in Hong Kong on March 7, 2012. I discuss the outlook for Asia in light of the deepening global economic crisis. Asia’s Era of Export-Led growth is over. A much more difficult environment lies ahead.
[My talk begins in minute 9 of the video clip.]
Very much enjoyed your speech and have per-ordered your new book. It’s interesting that you think governments will be able to string this out another five years. That was on my far edge of optimism. But, with the Fed buying tbonds and so many Western nations facing the same problem, you may well be right. I’ve given up on any hope and change and will just try to trade the mini-boom money cycles and hope to escape with my skin intact. Good luck with the book and thanks for the well reasoned analysis.
Thank you for this most interesting speech.
It gave me a lot to think about.
Good to see you back, Richard. Great speech/presentation. I’m sure you’re very busy but is there anyway you can do more like it and post them on your website or youtube? Just pre-ordered your new book on Amazon. I’ll be looking forward to reading it.
A great talk Richard. Very insightful. I totally agree with your ideas about the need for governments to invest in particular fields. Energy is of particular importance here as clean and essentially free energy would reduce trade deficits very significantly and allow the money saved to reduce government debt as well as go into more productive investments…after all, money invested in non renewable carbon fuels is just money burnt!
Free or cheap renewable and clean energy would also provide energy for the poorest of people (and help them produce more food), difuse global warming problems, save many rainforests and have other environmental advantages, and allow for more demographically diverse living in many countries that would reduce pressures on cities and costal fringes.
This is a very informative talk, I’d make finance ministers around the world sit down and watch this once a week. I hope our respective leaders follow the path of investment you described and don’t give in to the quite extreme monetarist pressure that seems to be building.
Hi Mr Duncan, I was at your presentation at InvestFair Singapore on 8th April 2012 and I appreciated it very much. I agreed with Rob regarding you doing more presentations and posting them on your website or youtube. That would be a boon to the world. Thank you and I wish you well in everything you do.
Hi Mr Duncan
I heard your talks and am very impressed with your analysis and clarity.
I suggest that you make your book (The New Depression: The Breakdown of the Paper Money Economy) available as an audio book?
My eyes are weak, I am awaiting an operation.
I think you would get extra sales this way.
Many (possibly inferior) books in your ‘genre’ seem to do well in Itunes and audible.com.
All the best
Thanks Richard for your excellent presentation. Looking forward to reading your new book. For Rob and Lek who posted above I’d suggest checking out Robert Kiyosaki’s Rich Dad website. Richard is a guest blogger there and all his contributions there are (as always) excellent.