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Friday, February 27, 2015

The Swiss Franc may not be the only Indefensible Currency Peg

currencies_2.jpg Home Page News Page Already driving a housing bubble in all major Asian cities from Seoul to Jakarta, significant hot money inflows are what Hong Kong, China and Singapore seek to avoid. However, Greece’s exit from the Eurozone coupled with subsequent quantitative easing by the People’s Republic of China (PRC) to jump-start flagging growth could quickly exacerbate this Asian dynamic. Already driving a housing bubble in all major Asian cities from Seoul to Jakarta, significant hot money inflows are what Hong Kong, China and Singapore seek to avoid. However, Greece’s exit from the Eurozone coupled with subsequent quantitative easing by the People’s Republic of China (PRC) to jump-start flagging growth could quickly exacerbate this Asian dynamic.  See Also links url:  http://www.economywatch.com/features/After-the-SNB-Decision-the-Reverberations-Continue.01-17-15.html Title:  After the SNB Decision, the Reverberations Continue read more


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