Tuesday, December 13, 2005

The herd moves east

Two stories does not a trend make, unless the two appear in the alpha male publication Economist and BusinessWeek. Both have recently focused key coverage on Eastern Europe, and where they trod, the rest of the pack is sure to follow. Both look at different aspects of Eastern Europe but their presence begins to make me wonder if the whole China/India story has run it course and now the media is looking for other geographies to obsessively fixate upon.

Not that China/India stories will dry up, not by a long shot. But I’m finding there is little left to say that has not already been said. The comments and the information is a lot of these stories is the same, the only thing that changes are the talking heads.

European sensibilities combined with American drive and perhaps just a very faint touch of Asian prices make Eastern Europe a compelling region-du-jour.

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