Emerging Market Mayhem: Gross Warns Of “Debacle” As Currencies, Bonds Collapse

by Tyler Durden
ZeroHedge.com
08/06/2015

Things are getting downright scary in emerging markets as a “triple unwind” in credit, Chinese leverage, and loose US monetary policy wreaks havoc across the space. Between a prolonged slump in commodity prices and a structural shift towards weaker global trade, the situation could worsen materially going forward.

The Rest…HERE

This entry was posted on Friday, August 7th, 2015 at 12:39 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.