The Emerging Market Growth Model Is “Broken”; RIP EM

Wednesday, December 2, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/02/2015

“Emerging economies’ growth prospects look damaged in several respects. The central fact facing EM is the negative external shock that results from weak global trade growth and the collapse of Chinese import growth. This brings to an irreversible end the period of rapid, investment-led Chinese growth and strong global trade growth which had supplied EM with a once-in-a-generation positive external shock during the years between 2002 and 2013.”

The Rest…HERE

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