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Fears of a New Bubble as Cash Pours In

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REMEMBER, THERE'S ALWAYS A BUBBLE SOMEWHERE
"The World Bank warned Tuesday that the sudden reappearance of billions of dollars in investment capital in East Asia is "raising concerns about asset price bubbles" in equity markets across Asia and in real estate in China, Hong Kong, Singapore and Vietnam," the Wall Street Journal reported. "Behind the trend are measures such as cutting interest rates and pumping money into the financial system, which have left parts of the world awash in cash and at risk of bubbles, or run-ups in asset prices beyond what economic fundamentals suggest are reasonable."

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