bingobongo Posted June 17, 2007 Share Posted June 17, 2007 (edited) In emerging markets, central banks and governments are grappling with risks including inflation, asset bubbles and vulnerability to a U.S. slowdown. For investors, meanwhile, ``risk has been underpriced,'' Roubini says, with the result that ``this can have negative effects on bonds, currencies and equity markets.'' http://www.bloomberg.com/apps/news?pid=206...&refer=asia Edited June 17, 2007 by bingobongo Link to comment Share on other sites More sharing options...
Totster Posted June 17, 2007 Share Posted June 17, 2007 Moved to business etc.. forum Totster Link to comment Share on other sites More sharing options...
bkkandrew Posted June 18, 2007 Share Posted June 18, 2007 He seems to be saying that there is an inverse risk of '97, i.e. a large, uncontrolled rise is Asian currencies... Or put another way, a large collapse of USD... Link to comment Share on other sites More sharing options...
backflip Posted June 18, 2007 Share Posted June 18, 2007 I love it when the most studied of investment pundits equivocate with "may", "might", "could", "perhaps". Harry Truman commented that he wished he had a "one-handed economist". Whenever he asked a question, the economist would reply "well, on one hand, this...and on the other hand, that." Link to comment Share on other sites More sharing options...
PeaceBlondie Posted June 18, 2007 Share Posted June 18, 2007 I love it when the most studied of investment pundits equivocate with "may", "might", "could", "perhaps".Harry Truman commented that he wished he had a "one-handed economist". Whenever he asked a question, the economist would reply "well, on one hand, this...and on the other hand, that." Perhaps that's because, like most social sciences and most theories, economics isn't that certain. Perhaps the last quote in the article is the best: "``The next crisis is never the same as the last,'' he says. ``By fixating on the problems that foreshadowed the last crisis, the risk is Asia gets blindsided by another problem.'' Link to comment Share on other sites More sharing options...
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