Asian Development Bank (ADB) chief: Asian economy unhurt by global crisis - Instablogs
Asian Development Bank (ADB) chief: Asian economy unhurt by global crisis
Grace Calderon , Quezon City: Oct 9 2008
Made Popular Oct 11 2008
Philippines :
Asia’s financial system is little affected by the U.S. sub-prime mortgage problems that have triggered a global crisis, and the region overall will enjoy robust growth.
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Tags: ADB, US subprime crisis, economic crisis, Asian financial system
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Jaiyant Cavale
2 Stars
Jaiyant Cavale Oct 11 2008
Bangalore, India
Exactly, this is what I said. There is nothing going on in India. In fact nothing will happen. The whole world thinks if America suffers everyone suffers. No one suffers. Its just them. It is a ploy by the Americans to shove their problems down others throats. Like the terrorist thing happened on 9/11. No one would have been affected if the US did not create such a huge scene. The problem with US is for every little thing they involve everyone else and drag them into their problems.
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Grace Calderon
1 Stars
Grace Calderon Oct 11 2008
Quezon City, Philippines
Whoa!

Their problem can trickle to all the corners of the world, no matter how weak the ripples. It’s a game of perception. The US has dipped its fingers in practically all aspects of this planet, hence there can be a domino effect of sorts.

But you’re right. They can hoard the good and disperse the bad. Sly and shrewd.
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