Wednesday, January 29, 2014
Contagion - Another signpost to keep an eye on
Currency problems in emerging nations that lead to drastic actions. Like say Turkey raising their interest rate to 12% over night. The word of the day in the mainstream media is Contagion. We can never know if one of these mini crisis will expand into a global crisis because the global monetary system is so connected these days. It's why we have to keep an eye on it.
Some more articles of interest: