A Hard Landing Down Under | The Big Picture<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Andy Xie has a bearish outlook on China and believes 2013 could be a tough year for Australia: The market went from not believing in China\u2019s growth story a decade ago to extrapolating past performance into the infinite future……The year 2008 should have been the end of this boom cycle. China\u2019s stimulus misled the market … <\/p>\n
Continue reading “A Hard Landing Down Under | The Big Picture”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,41],"tags":[199,509,663,2323,3246],"class_list":["post-5902","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-china-hk","tag-andy-xie","tag-bubble","tag-china","tag-mining-boom","tag-stimulus"],"yoast_head":"\nA Hard Landing Down Under | The Big Picture - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Hard Landing Down Under | The Big Picture - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Andy Xie has a bearish outlook on China and believes 2013 could be a tough year for Australia: The market went from not believing in China\u2019s growth story a decade ago to extrapolating past performance into the infinite future……The year 2008 should have been the end of this boom cycle. 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First, China will remain committed to letting its currency, the yuan, rise in international foreign-exchange markets. A stronger currency will encourage companies to rely less on exports and more on goods\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4853,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/14\/australia-and-the-endgame\/","url_meta":{"origin":5902,"position":1},"title":"Australia and the Endgame","author":"Colin Twiggs","date":"July 14, 2012","format":false,"excerpt":"John Mauldin: We wrote about Australia in a full chapter of Endgame. Their economy never really suffered in the recent debt crisis, in large part due to their growing housing market and their trade with China. 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Eventually, the excesses will\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4481,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/30\/how-europe-can-save-the-eu-work-harder-spend-less\/","url_meta":{"origin":5902,"position":4},"title":"How Europe Can Save the EU: Work Harder, Spend Less","author":"Colin Twiggs","date":"May 30, 2012","format":false,"excerpt":"Andy Xie, an independent economist in China, said European countries without a competitive advantage must simply work harder or spend less. Alternatively, if they want to keep living it up, they will have to accept wrenching labor reforms and deregulation.Xie saw no popular consent for either course of action. 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