Emerging Markets Debt Fiasco! China Stock Market Down Over 25%! Currencies Becoming Worthless!

in #money8 years ago


Here we go again. Emerging markets are continuing their dramatic decline. This isn’t geographically focused. We are looking at this all around the world. Countless countries are watching their currencies depreciate and the contagion is spreading like wildfire. What will be done to resolve this madness?

000001.SS 2,664.80 -4.68 -0.18% : SSE Composite Index - Yahoo Finance
https://finance.yahoo.com/quote/000001.ss?ltr=1
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Argentines seek soup kitchens, barter markets amid crisis | Fox News
http://www.foxnews.com/world/2018/09/10/argentines-seek-soup-kitchens-barter-markets-amid-crisis.html
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Borrowers Struggle to Raise Funds as Emerging Markets Tumble - WSJ
https://www.wsj.com/articles/borrowers-struggle-to-raise-funds-as-emerging-markets-tumble-1536579426
Swiss Village Votes for Free Money. Now It Just Needs the Cash - BloombergQuint
https://www.bloombergquint.com/onweb/2018/09/10/swiss-village-says-yes-to-2-500-franc-a-month-free-money-trial#gs.uHSHfjs


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Thank you 🙏 for another great lesson 🍎maestro .

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