Read this, if am not wrong, in Business World. And bet you, it did give me a kick.
Have begun chanting Asio, Asio or something on that tone. Nope, am not a hegamonist or a dreamer (Excuse me Mr Kalam) but looking at something happening which i have thought but shrugged it of as a misnomer, cheered me to sport the
While EU was expanding last month, Asians, were upto their own cheekiness. In South Korea, finance ministers from 13 Asian countries inaugurated a website pointing to the Asian Bonds Market. Huh, sounds a dud right!
But wait
This analysts say would create a $1.3 trillion bond market ultimately chalking out a common Asian currency. Hmmm still not interstice, here's some additional spice. Asians are sounding that they will not finance the gaping budget deficits of the world's largest economies, effectively ringing in that the $1.7 trillion parked with the central banks in Europe and USA is not for keeps.
There is still some amount of grumpiness, Jaswant Singh, the outgoing Indian Finance Minister then was not there.
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