Why Read: For a quick overview of the possible impact on twelve Asian
economies, and on Australia, if the euro financial crisis intensifies.
Featured Article: An article this morning reports on the perceived
strengths and weaknesses of China, Hong Kong, India, Indonesia, Japan, seven
other Asian countries, and Australia providing data for each on:
trade with Europe;
lending reliance on Europe bank claims;
foreign exchange reserves; and
gross government debt estimates.
Commentary: Of the thirteen countries (including Australia) reviewed
in the context of a euro meltdown:
four (including Australia and China) are said to be reasonably able to
withstand such an event;
one (Indonesia) is said to somewhat neutral to such an event; and,
eight (including India and Japan) are said to be negatively exposed to
such an event.
If you invest or trade in the equity markets, this is an article you ought
to take the time to read and think about.
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