Poor leadership: Thailand Is Only the Tip of Asia’s Iceberg

Thailand Is Only the Tip of Asia’s Iceberg – Bloomberg, January 23, 2014
[Thanks to Tom for pointing this out.]
…The common denominator in all these countries is weak leadership, and it’s appearing at the worst possible moment. The rapid growth Asia has enjoyed since the 2008 global crisis had more to do with Ben Bernanke than we like to admit. All that hot money pumped up gross domestic product, boosted asset prices and pushed yields lower to make government debt loads appear manageable…

Why Singapore’s Economy Is Heading For An Iceland-Style Meltdown – Forbes, January 13, 2014

Why Southeast Asia’s Boom Is A Bubble-Driven Illusion – Forbes, January 23, 2014

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