"Greenspan, who stepped down as Fed chairman last year, said cheap Chinese imports were one of the elements stoking world growth, along with Eastern European workers and the knock-on effects on lower inflation and interest rates.
“In the last five years, the world as a whole is a growing faster than at any time in the world’s history,” he said. “It can’t last and it won’t last because it’s a one-shot adjustment.”
The Shanghai Composite Index is up 56% so far in 2007 – despite falling nearly 9% on Feb. 27 and setting off a quick pullback in stock markets around the world. It’s trading at 70% above its 200-day moving average. The Nasdaq Composite’s peak in March 2000 was 55% above its 200-day moving average."
Why did I entitle this thread like did? Is there a connection here?