50 days ago • Posted by Jasper Lawler

Why higher debt is a road to ruin for EMs (and how DMs get away with it)

We all know higher levels of debt increases solvency risk - and should lead to higher interest rates - that's a truth that developed markets can dodge because of QE - but emerging markets cannot 

#Bonds
Why higher debt is a road to ruin for EMs (and how DMs get away with it)
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