Why Some Emerging Markets Are Heading for a Bust

In countries such as Turkey and Argentina a tighter stance implemented by central banks has set in motion an economic bust. In Turkey the central bank has raised the one week repo rate to 10 percent from 4.5 percent while in Argentina the 3-month Treasury bill rate climbed to 25.89 percent from 16 percent in […] View the full post at: Why Some Emerging Markets Are Heading for a Bust Related posts: G20 and Buffett’s Bet on Emerging Markets For Now, Emerging Markets Leading the Way Good Policy Pays Off in Emerging Markets