Protests erupt in the formerly happy middle classes of Turkey and Brazil. A credit crisis threatens the Chinese economic juggernaut. Money flees the stocks, bonds and currencies of emerging nations. Is this the end of the emerging world miracle? Not exactly. This marks a return to the normal postwar cycle of recession and recovery, political unrest and calm, after a misleadingly placid decade.
在土耳其和巴西,之前日子一直過得挺順心的中產(chǎn)階級突然發(fā)動了抗議。中國的經(jīng)濟“戰(zhàn)車”則面臨一場信貸危機的威脅。資金紛紛逃離新興國家的股市和債市,新興國家的貨幣也遭到拋售。新興世界的奇跡走到終點了嗎?未必。眼下的局面標(biāo)志著,在經(jīng)歷了一個有誤導(dǎo)性的平靜十年之后,新興世界已重新走入二戰(zhàn)之后由衰退到復(fù)蘇、由政治動蕩到政治安定的正常發(fā)展周期。
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