No, it's not the old tripe that says that smart money ought to pull out of the East and head to the West. Nor is it saying this is the reverse of the old jingle, absurdly popularised by that wacky school of neoclassical economics, that the East was paved with gold and the West’s money sniffed giddy opportunities to make even more money, so it gravitated towards Asia's growth 'miracles'.