Everytime I learn about some economic miracle that is taking place somewhere in the world, by the time I have internalized the lessons of that miracle, the miracle has turned into a disaster and I have new lessons to learn.
OMG! Japan! Economic Miracle!
OMG! Asian Tigers! Economic Miracle!
OMG! Celtic Tiger! Economic Miracle!
Greece, Spain, Ireland. The story seems drearily familar.
Good luck China and Brazil.