Saturday, January 4, 2014

A Crisis may start from the Emerging Markets once again

On December 22, 2013, I said that a Financial Crisis may occur again simply because we now have a new Fed Chief.

After seeing this article, it occurred to me that the new Financial Crisis may not happen in the US of A or Europe, i.e. the Developed Economies, but may start from the Emerging Markets once again just like the 1997 Asia Financial Crisis.

Of course, in this Internet Age and increasingly inter-connected World, if something bad happens in the Emerging Markets, the US of A and Europe, and other parts of the world, will likewise be adversely affected--that's when the Fed will come in and act as 'God' to save the World once more.

History repeating itself.

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