Depends I guess on how often one reads finance articles. There's nothing new in there, there is an entire 'school of thought' that has been saying what's in this article since 2008. New economies are the future, fiat money is bad mmkay, US and Europe don't have enough room for growth to out-grow debt.
The appeal to authority with the Baghdad real estate deal is one of those tell-tale signs of a sensationalist article. If the building in case had been blown up and nothing could have been recouped because nobody wants to insure a building in Baghdad, nobody would've ever heard about the whole deal. Survivor bias at its most obvious.
The appeal to authority with the Baghdad real estate deal is one of those tell-tale signs of a sensationalist article. If the building in case had been blown up and nothing could have been recouped because nobody wants to insure a building in Baghdad, nobody would've ever heard about the whole deal. Survivor bias at its most obvious.