Asia will endure bursting economic bubble, say hedgies
The West can’t keep blowing up bubbles that lift the global markets, opines a panel of risk-seeking investors at a roundtable.
The global post-crisis recovery is being buoyed by a government-funded bubble, carrying with it the risk of a sovereign credit problem – although Asia is the best-positioned region to weather a shakeout, hedge fund managers said at a UBS roundtable in Hong Kong last week.
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