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Another Kind of Asian Contagion
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Another Kind of Asian Contagion

Our Correspondent
Aug 18, 2007
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Another Kind of Asian Contagion
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How come all of Asia’s markets, with the bizarre exception of China, have fallen so much farther and faster than the US markets where the credit rot began?

It’s a situation which flies in the face of the assumption that strong external positions, high but not extravagant valuations and mostly low domestic and foreign debt would provide a shield. Even if …

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