Asian markets have opened with a slump on Friday, following an arduous session on Wall Street. It's the second straight day of bad trading, after Thursday's global markets had their worst drop in a month. That prompted the financial leaders of the G20 group of major economies to issue a statement saying they will take strong action to counter the debt crisis. <br />Combined with a series of grave warnings from the U.S. Federal Reserve and the International Monetary Fund, this sparked concern of a double dip recession being just around the corner. And its arrival is inevitable, says Patrick Young, who's the executive director of the investment advisory firm DV advisors. <br /><br />RT on Twitter: http://twitter.com/RT_com <br />RT on Facebook: http://www.facebook.com/RTnews
