How Singdollar woes will hit us

[dancingshoes]

While history may not repeat itself as Asian countries have buttressed themselves with a huge hoard of cash to prevent any run on their currencies, this may still not be enough to stop them from being hit by a nasty economic slowdown as the Fed tightens.

Being in the same neighbourhood, this will have a knock-on impact on us. You have been warned.


http://www.straitstimes.com/business/companies-markets/how-singdollar-woes-will-hit-us