unflappable-isomorphic-deez
Welcome, Guest. Please login or register.

Author Topic: Call for Rapid Recovery Is Bubble All Its Own  (Read 578 times)

0 Members and 1 Guest are viewing this topic.

godoftrading

  • Full Member
  • ***
  • Posts: 119
  • Karma: 4
    • View Profile
Call for Rapid Recovery Is Bubble All Its Own
« on: July 28, 2009, 11:48:13 AM »
July 27 (Bloomberg) -- Hats off to officials in Seoul.

South Korea’s ability to expand at the fastest pace in almost six years is some of the best news Asia has had in a long while. It’s a sign that even with the $14 trillion U.S. economy in chaos, Asia is beating the odds and holding its own.

For now, at least. The region can’t be complacent for two reasons. One, increased spending and low interest rates are fine for the moment, yet they don’t replace a return of global demand. Two, loose policies may be doing more to fuel bubbles that merely provide the illusion of economic recovery, leaving Asia even more vulnerable to further problems in markets.

The 2.3 percent growth Korea generated in the second quarter dovetails with optimism that East Asia’s rebound from the global crisis may be “V-shaped,” not U-shaped or W-shaped. The Asian Development Bank said just that in a report last week. It recommended that central bankers retain expansionary monetary policies even as risks to recovery dissipate.

http://www.bloomberg.com/apps/news?pid=20601039&sid=awbeFpo0K1kw
_________________
http://zantrio.com
http://millennium-traders.com
http://swing-trading.com

Tags:
 

Related Topics

  Subject / Started by Replies Last post
0 Replies
971 Views
Last post September 04, 2007, 02:20:59 PM
by The Web Team
0 Replies
1478 Views
Last post October 02, 2007, 08:03:02 AM
by The Web Team
0 Replies
1092 Views
Last post January 28, 2009, 11:01:03 AM
by The Web Team
0 Replies
646 Views
Last post May 19, 2009, 09:17:54 AM
by godoftrading
0 Replies
683 Views
Last post June 10, 2009, 09:41:27 AM
by godoftrading
1 Replies
780 Views
Last post September 03, 2009, 04:46:17 AM
by sanvister
0 Replies
571 Views
Last post March 19, 2010, 03:30:48 PM
by MTnews
0 Replies
473 Views
Last post September 02, 2010, 03:28:16 PM
by MTnews
0 Replies
437 Views
Last post December 03, 2010, 03:27:20 PM
by MTnews
0 Replies
407 Views
Last post December 06, 2010, 03:23:20 PM
by MTnews