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Author:Leahy, C.
Title:Is it time to fold on Asia's US gamble?
Journal:Euromoney
2004 : MAR, VOL. 35:419, p. 41-42, 44, 46
Index terms:Economic policy
Foreign exchange
Currency
Stock markets
Asia
USA
Language:eng
Abstract:Asia's leaders are playing a dangerous game of poker with the U.S, accumulating dollar reserves even as the U.S. currency falls. Excess liquidity is driving stock markets in Asia and threatens to inflate bubbles while economic restructuring is patchy. The game cannot continue indefinitely: the end could be ugly.
SCIMA record nr: 253685
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