Tao Zhang, Deputy Managing Director of the International Monetary Fund
- says low inflation in Asia is mainly due to temporary factors
- Asia should use macroprudential measures
- Asia must strengthen fiscal buffers
- Asia external debt has substantially risen since 2007
I dunno what the **** this guy is talking about with his generalisations.
"Asia external debt has substantially risen …"
So has Europe
So has US.
So has Lat Am
So has EM
So has everyone, dude. (Pardon my generalisation :-D )
Doesn't make sense - who's the big ass creditor? Mars?
