Tuesday, August 14, 2007

Should We Be Worried?

I noticed there's a lot of encouragement going on everywhere for you to save you money in South East Asia. The reason? Of course of its relatively cheaper costs and high emerging profits. Today's edition of CNBC Cash Flow told us to invest in China's steel market. Indonesia has recently developed a global option market, with many domestic firms now opening their firms for global investors, previously initiated by only Telkom.

Seeing this rate of financial inflows, are we seeing history repeating itself? With our economies under major scrutiny by other nations, waiting us to make one false move to destroy it all. Or is it true that we have now grown much more mature and stronger that such preceding catastrophe shall never occur once more?

Never hurt to be a little extra cautious.

1 comments:

Unknown said...

i think an open indonesian economy is better for indonesia. let indonesians work and trade with everyone, that's what i say. let indonesians find the best poss deals, regardless of who the counterparties are (as is done in HK and SG!) that'll help the economy more than anything else!

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