Asset bubble in Asia
The fundamentals in Asia are much stronger than they are in the U.S. or in Europe. This bodes well for a recovery in the region. Nevertheless, there is reason to worry because here is a video warning about an Asian-wide bubble in the making. I have warned about the Chinese bubble. Frederic Neumann talks about that in this video, but says that an incipient bubble already evident in China and Hong Kong could go Asian-wide.
That guy needs to be fired. Asia will take a small dip in exports? Has he seen the date?
Ok. HK, SG and PRC are giant central bank created bubbles. But he is one of those 2007 types.