The reason that I like his writing so much is because he makes everything seem so simple. The whole knot of interacting economic factors falls apart under his analysis, as if he found that magical thread that, when pulled, unravels it all.
Also, in related news, The Economist has a story about China's first quarter GDP growth of 6.1%. Not quite 8%, but definitely not bad compared to the Euro Zone's -2.5%.
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