An honorable member of the Coffee Shop Has Just Posted the Following:
While history may not repeat itself as Asian countries have buttressed themselves with a huge hoard of cash to prevent any run on their currencies, this may still not be enough to stop them from being hit by a nasty economic slowdown as the Fed tightens.
Being in the same neighbourhood, this will have a knock-on impact on us. You have been warned.
http://www.straitstimes.com/business...es-will-hit-us
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