Bubble signs to Watch in Emerging Markets
Bareksa • 19 Jun 2014
Tranquility in emerging markets can tempt policymakers to turn a blind eye to rising wage growth and credit expansion - (REUTERS/Andy Mukherjee)
Tranquility in emerging markets can tempt policymakers to turn a blind eye to rising wage growth and credit expansion
Bareksa.com - Easy money conditions are actually dangerous because emerging markets are quite likely to abuse them at this stage of the financial cycle because they aren't seeing much traction on their exports. Rich nations' imports from them are stalling in fact. And other developing countries, thanks to China's slowdown, are also buying less. (Source : Reuters)