Beyond 2012, the damage from short-sighted policies of the savings-glut countries will become clear to all. Germany could stagnate at best, leaving much of continental Europe in danger of depression. China will see the end of its miraculous growth bring about economic turbulence and the need for painful reform. It is America that will rise from the ashes to retain global economic and financial dominance.
Charles Dumas and Diana Choyleva will argue that the failure to agree globally integrated solutions to the underlying causes of the economic and financial crisis will mean that 2012 will not bring the widely anticipated sustainable and sound recovery, but instead another global economic disaster.
Charles Dumas is chairman of Lombard Street Research and one of the world's leading macroeconomic forecasters. He is the author of The Bill from the China Shop, China and America: a Time of Reckoning and Globalisation Fractures: How Major Nations Economies are now in Conflict, which was said by Mervyn King, Governor of the Bank of England, to ‘teach you more about why the [global financial] crisis happened than any blow-by-blow account by an alleged protagonist.’
Diana Choyleva is a director of Lombard Street Research, based in their Hong Kong office, where her special focus is on China and Asia. She was co-author with Charles Dumas of The Bill from the China Shop.
Attendees will receive a complimentary copy of the 'The American Phoenix', the recently released book co-authored by Charles Dumas and Diana Choyleva.
