>The original "decoupling" argument, popular last summer and fall as
>the U.S. credit crisis was coming to a boil, was that Europe and Asia
>would remain largely unhurt by our economic troubles, because they're
>running largely on their own juice and we're coming to count for
>squat in the world. It wasn't so much about peripheral regions. So
>far, the decouplers have a point, though considering the hits the
>U.S. econ has taken, it's amazing growth is around 0% and not -3%.
>
>Doug
oh! thanks for the recap. i wasn't able to pay close attention while debates went on earlier this year. this is helpful as to what the argument was. as for where i heard that china was hurting, it was on NPR, yesterday -- but i can't recall details. sorry!
shag