A must-read glimpse into the heady future that awaits the many countries across the globe currently facing bankruptcy, and the effects for the rest of us (via SpiegelOnline).
Hint: The author has chosen to rename the erstwhile "emerging markets" darlings to the more tepid nomenclature: "threshold markets."
Could we have reached the end of double-digit growth in these eager young upstarts?
At least one economist foresees a hard landing for China (via NakedCapitalism).
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