ECONOMICS - JIM O'NEILL: China Will Create An Economy The Size Of Cyprus By The Time Their Banks Reopen

It's interesting how a country as small as Cyprus could be responsible for sending jitters through the global financial markets. To get a sense of scale, Goldman's Jim O'Neill compares the Cypriot economy to China. From O'Neill's new Viewpoints note: So how can it be that a $22bn economy can be the dominant global topic for conversation for a full week? I am fond of saying that China (at least in 2011) was creating the equivalent of another Greec ...

http://www.businessinsider.com/jim-oneill-on-cyprus-and-china-2013-