Contagion - Another signpost to keep an eye on

This is another signpost to watch that can impact the global monetary system.

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:

http://www.cnbc.com/id/101373426

http://www.cnbc.com/id/101373692

http://www.cnbc.com/id/101371922

http://www.foxbusiness.com/markets/2014/01/29/wall-street-hit-by-emerging-market-anxiety/

http://www.reuters.com/article/slideshow/idUSBREA0S17W20140129#a=1