ASX 1.06% $60.74 asx limited

tidal wave boom

  1. 831 Posts.
    Odd and Ugly though it may sound, the infusion of aid and infrastructure lending that will follow this disaster for rebuilding will create a boom in the region already afloat with cash from the controls in place after the currency crash of the late 1997 period.

    China has already offered cut price assistance with the offer of packages complete with building materials, finance and a workforce. Malaysia has alredy provided a blunt No. Indonesia is in the proces of evaluatin the deal and Thailand is considering. The Indians and Sri Lankan's have agreed to take Indian aid which is to be expected, as are the Seychelles and Somalia which traditionally accepts aid from India.

    Australia will have to pedle hard as it already has a foot in the door. Consider this. The EU a bunch of god knows how many wealthy European nations have offered US$4 million whilst Australia has pledged $10 million.








 
watchlist Created with Sketch. Add ASX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.