Deutsche Bank Warns Of A ‘Multi-Year Elongated’ & Much Bigger EM Crisis

The biggest mistake that can be made in assessing the longevity of EM problems is to assume this is only a story relevant for Current Account deficit countries, or relegated to ‘a fragile five’, says Deutsche Bank. “Current Account deficits are the symptom. Excess credit is closer to the cause….

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Deutsche Bank Warns Of A ‘Multi-Year Elongated’ & Much Bigger EM Crisis

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