http://alephblog.com/2008/06/06/the-amazin-ragin-contagion/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Sun, 12 Feb 2012 22:02:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://alephblog.com/2008/06/06/the-amazin-ragin-contagion/comment-page-1/#comment-17729 Shaun Mok Sat, 07 Jun 2008 02:59:00 +0000 http://alephblog.com/?p=732#comment-17729 The housing slump in Hong Kong that started in 1997 took 6 years to bottom out. If not for the purgative fall brought by the SARS epidemic in Spring 2003, the agony could have been longer. But the USA has a remedy denied to Hong Kong, depreciation of its currency. The housing slump in Hong Kong that started in 1997 took 6 years to bottom out. If not for the purgative fall brought by the SARS epidemic in Spring 2003, the agony could have been longer. But the USA has a remedy denied to Hong Kong, depreciation of its currency.

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