Looming Economic 'Ice Age': RBS Morgans Advisor

4:00 AM ET Mon, 3 Oct 2011

"Asia has been the growth engine over the last few years, but Asia borrows a lot of money from the European banks; it is around 50 percent from them. So if the European banks stop lending to the Asian economies, then you are going to have a synchronized slow-down," Simon Bond, private client advisor at RBS Morgans, told CNBC.