Tag Archives: emerging markets

Ilargi: Debt Rattle Jan 31 2014: Risk Times Risk Equals Fear

http://www.nakedcapitalism.com/2014/02/ilargi-debt-rattle-jan-31-2014-risk-times-risk-equals-fear.html

” We all need to change, the export-driven business model isn’t sustainable,” Jacobsen told RT in an interview at his Moscow office. [..]”

Indeed. Ratchet up services, domestic sector wages. Not everybody can have a current account surplus at the same time!

World risks deflationary shock as BRICS puncture credit bubbles – Telegraph

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10605957/World-risks-deflationary-shock-as-BRICS-puncture-credit-bubbles.html

Bye bye, European recovery and export-led growth.

The world economy is ever so complicated. .

“Emerging Markets’ Euro Nemesis by Daniel Gros – Project Syndicate” http://www.project-syndicate.org/commentary/how-the-euro-is-sinking-the-emerging-economies-by-daniel-gros