Coming Crisis: Emerging Market Debt

QUESTION: Mr. Armstrong; Just to clarify, a continued rate hike in dollars will send Emerging Market debt into chaos and possibly default. Is this both public and private?

Thank you.

You are a voice in the wilderness

ANSWER: Oh yes. Both public and private emerging market debt raised money in dollars. A 2% increase in interest rates could spark a sharp rise in the proportion of emerging market corporate debt issues at risk of default. This is true especially in Brazil, Turkey, and India.

Georgescu Believes Ukraine will Divide – Is He Correct?

January 31, 2025

Romania’s Calin Georgescu has made headlines once more for calling Ukraine a “fictitious state” and suggesting that the nation will inevitably be divided. This man would have been president of [...]

Democrats Vow to Take Fight Against Trump to the Streets

January 31, 2025

The Trump Administration rescinded the freeze on federal programs, vowing to eliminate woke agencies in the coming weeks. The Democrats have become outraged over the president’s numerous, swift measures to [...]

European Outlook & German Elections

January 31, 2025

COMMENT: Mr. Armstrong, thank you because you are the lone voice calling to us in Europe, where free speech is dying quickly. Others are afraid to say what you point [...]

Alexander the Great Silver Drachms

January 31, 2025

There is no other person throughout history whose name and accomplishments influenced so many, from Julius Caesar to Napoleon, like Alexander the Great. Born a son of the Macedonian [...]

Coming Crisis: Emerging Market Debt

Latest Posts

Georgescu Believes Ukraine will Divide – Is He Correct?

Democrats Vow to Take Fight Against Trump to the Streets

European Outlook & German Elections

Alexander the Great Silver Drachms

Tags