Here was a question about the current emerging market crisis coming out of Argentina and Turkey. There also seems to be an unknown crisis happening with India which is not getting a lot of news. The rupee was at a low recently.
Now the question
QUESTION: Hello Martin … I follow emerging markets closely and one thing I note is that the size of the sovereign forex-denominated debt burdens are quite small relative to GDP except in the case of Argentina (48%). Everybody else, including Turkey and Indonesia) is 11% or less. How can you have a debt crisis if everybody is clearly able to service their debts? That’s what confuses me. Today the Bloomberg EM dollar debt index is at 6.05% — whereas in 1998 it was 17%! That is saying the risk is still fairly subdued no?
Answer here: https://www.armstrongeconomics.com/international-news/emerging-markets/emerging-market-debt-crisis-a-reality-check/NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
could you please give me some info about good databases of fund of funds and family offices for emerging market?
please click or copy attached link into your browser for information regarding emerging market FoF/Family office database ->http://www.ssctech.com/Software/PrivateEquity/TNRSolution/tabid/370/Default.asp
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!