emerging markets19 Feb 2014 17:53
the markets are worrying unnecessarily, imo. this drift down is just a play by american shortsellers to make some money but it represents an opportunity for lon term investors. what all these commentators don't know about and are not exposed to, is the culture in asia. there is still a strong savings culture in asia and countries don't rely much on foreign debt. neither are their monetary policies controlled by a single entity which would result in their hands being tied. the whole show is entirely within their control. if the future really was that bad, temasek would have started selling their holding in here. the emerging markets' economies may not grow as fast as it did the last few years, but they won't crash. i could be wrong, of course. but this is the way i see it as it is, strong enough for me to have invested quite a bit in here. some for the short term, some for the long term.