Asia is facing "much greater downside risks" because of the possibility of new recessions in the...

Asia is facing "much greater downside risks" because of the possibility of new recessions in the U.S. and EU, and the threat of destabilizing capital flows, says the Asian Development Bank. The possibility of another global financial crisis means Asian countries must have "sufficient flexibility" to rapidly adjust policies.
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Comments (5)
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
    Will be interesting to see how Asia handles the worldwide looming recession.
    6 Dec 2011, 03:04 AM Reply Like
  • David Green
    , contributor
    Comments (99) | Send Message
    As someone who is living in an Asian country not being Japan nor China, I hope the Asian market does not hinge on whether those two can remain "sufficiently flexible" in any upcoming new recessions...
    6 Dec 2011, 03:55 AM Reply Like
  • bukdow
    , contributor
    Comments (860) | Send Message
    Articles like this are ridiculous. You might as well say, "If 3 ton boulder falls on man, he will be grievously injured". This is nothing more than making hyperbole out of the obvious. Moreover, it is by no means a certainty there will be a recession. Frankly, it looks more and more like there won't be. Articles like this are nothing more than worthless pot-stirring.
    6 Dec 2011, 05:15 AM Reply Like
  • Gregor_MacGregor
    , contributor
    Comments (75) | Send Message
    ^^Good luck with that...
    6 Dec 2011, 05:49 AM Reply Like
  • dramas
    , contributor
    Comments (15) | Send Message
    Yes it is true, Asia under threat again of another global recession because of the present economic situation of two world powerful capitalists U.S. and EU. But for as long as this two powerful cities stays in its economic grasp, Asian countries can also hold if there would another global recession.
    6 Dec 2011, 08:20 AM Reply Like
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