It did not begin with the subprime disaster in 2007, nor the crash and burn of Lehman in 2008, nor are we able to blame any bubbles, be they dot.com or other. This Economic War began with the Asian Financial Crisis back in 1997.
Read Whole Story
It will take time and steadfast implementation of reforms to boost investment and, in turn, rebalance Asia's growth.
Will the emerging market economies be able to sustain optimism or will yet another wave of crisis hit those markets as well? One hopes they do not follow in our Western footsteps.
Japan will hand out $17 billion in development aid to other Asian countries to help them face the global financial crisis, Prime Minister Taro Aso sai...
Get top stories and blogs posts emailed to you each day.