You decide.
So are the ABSDs and CMs good or should they be removed. There will be 2 camps... But on a broader perspective and for the overall good, was the implementation for the better????
You decide after reading
Effects of housing bubble
http://en.m.wikipedia.org/wiki/Real_estate_bubble
Where are we today ?
http://triplecrisis.com/the-asian-housing-bubble-burst/
http://sg.finance.yahoo.com/news/mas...000000071.html
1997
http://www.imf.org/external/pubs/ft/wp/2002/wp0220.pdf