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Investments in Indian Equity and Research => Indian Economy, Macro, RBI Policies => Topic started by: cardbhai on November 11, 2011, 09:37:25 AM

Title: Will Europe's banking crunch crack Asia ?
Post by: cardbhai on November 11, 2011, 09:37:25 AM
The crisis in Europe continues to escalate and poses growing risks to Asia's leverage cycle and domestic demand growth. With a record amount of lending in the region, deleveraging by European banks could now start to disrupt local (Asian) credit growth.

I feel Asiass financial systems are sufficiently robust and retain the capacity to fund further growth after the impending blow. What do you say ?