Goldman Sachs Jim O'Neill Thinks Current Fear in the Markets Is Well Overdone

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Feb 02, 2012
The man who coined the BRIC acronym was on CNBC


- Came into the year with everyone fearing a repeat of 2008, but evidence suggests otherwise.


- Germany is actually accelerating, China appears to be able to handle a soft landing and the U.S. is doing pretty well.


- China will create the equivalent of Greece's economy every three months.