More Emerging Market Chaos – How Long Before It Spreads To The Developed World?

Emerging market chaos is now front page news. Let’s start with Argentina, where the peso has resumed its plunge: In response: Argentina Central Bank hikes interest rate to 60 percent (AP) — Argentina’s Central Bank has increased its benchmark interest rate to 60 percent in efforts to halt a sharp slide in the value of … Continue reading More Emerging Market Chaos – How Long Before It Spreads To The Developed World?