financeasia-poll-delivers-verdict-on-subprime-impact

FinanceAsia poll delivers verdict on subprime impact

A readers' poll reveals cautious optimism about Asia's economic prospects, but nearly half of all respondents believe the subprime crisis could lead to a US recession.

By Steven Irvine

September 05, 2007

This is clearly an inflexion point for Asia and the global economy. Over the past six to eight weeks, an information breakdown has led investors to panic, speculate that events will take a turn for the worse, and seize on any good news that comes from China or the mouth of Ben Bernanke.

To take the temperature of financial decision-makers in the region, we decided to poll our readership and get their views on the current subprime lending crisis û and how it would affect Asia. We emailed a list of questions to our readers at 3pm on September 4, and kept the poll open for exactly 24 hours. In that time, a total of...

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