From Zero Hedge:

The Chairman of Morgan Stanley Asia is about as direct as one can be in the following Bloomberg interview:

"We should take out the baseball bat on Paul Krugman -- I mean I think that [his] advice [to push China to revalue the Renminbi] is completely wrong.”

Well, somebody had to finally say it.

So instead of pointing the scapegoating finger somewhere else, which seems to be the norm these days, Roach looks in the mirror: "America does not have a China problem. America has a savings problem. America has...

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