tag:blogger.com,1999:blog-18183714.post6967856234522994024..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: Decoupling Of Markets Is Not A MythSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-18183714.post-85730059614442971032009-02-07T12:02:00.000+08:002009-02-07T12:02:00.000+08:00Likely that a decoupling process is in the making ...Likely that a decoupling process is in the making but not a total decoupling as at now. <BR/><BR/>Globalisation may encourage a balanced sharing of economic and politic power between the 3 continents (America, Asia and Europe). But, this could be remain a dream until the emergence of a continent that have the purchasing power as good as US. This likely to explain why a strong dollar policy is favour by the US. <BR/><BR/>A good analogy is that when u have 3 buddies walking, you need a leader who guide the rest. Same here, when you are the proclaimed leader like US in the past, do you want to reliquish the leader armband? Unlikely lah.solomonhttps://www.blogger.com/profile/15373632232861592746noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-83425908307756558352009-02-06T10:52:00.000+08:002009-02-06T10:52:00.000+08:00I wouldnt say decoupling yet. It boils down to the...I wouldnt say decoupling yet. It boils down to the question of how much the middle class has grown in emerging markets to develop its domestic demand. <BR/><BR/>As to growth in emerging markets due to more trade among themselves, should look at ultimate destination of those intra trade. Is it ultimately the US which is the buyer? Things are now more of a global supply chain. Nuts made in China, bolts in Korea, all parts assembled in Europe, final goods sold to the bingeing US consumer? The melamine scare is good example. Contaminated raising agent used in locally made biscuits......we are still coupledUnknownhttps://www.blogger.com/profile/10784003176014922383noreply@blogger.com