bp,
i doubt there will be any widespread carnage on the asx.
i know i am starting to yawn when i hear of the doom coming from analysts re the US recession etc.
perhaps others are starting to yawn also.
asia is still growing and will be motivated to do what is required to bridge the gap and become the leading economies. US problems is asias opportunity.
the yanks would love to drag other economies (particularly china) down with them but it wont happen this time.
cheers
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