Be worried

摘要

You might expect a book on the rise of emerging markets by the chief economist of hsbc to be a rose-tinted puff piece. After all, hsbc is one of the global banks that has the biggest presence in the emerging world. You would be mistaken. Stephen King may be employed by a firm that is profiting handily from the emerging giants' prosperity, but his assessment of the impact of that rise on the West is provocatively pessimistic.