Monday, March 05, 2007

This is Starting to Become a Problem

That stock market drop in China (and the shockwaves coming from it) made sense, and at the time I thought of it as simply a correction of a somewhat-overheated economy.

Now I'm not so sure. According to the BBC, the global markets are continuing to take hits- largely due to an exploding Japanese yen taking bites out of that country's exports, continuing questions about the stability of China, and other concerns about the state of the US economy.

Asia's regional economy wasn't the most stable thing to begin with. Now, I'm starting to get a little worried.

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