The 'Long Run' Is Catching Up With Emerging Markets

(Video length 00:21:29)

Markets & Money Advisory Founder and CEO Lars Christensen is reflecting on recent jitters in global Emerging Markets.

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Gary Anderson 4 months ago Contributor's comment

It is interesting that a market monetarist would call for fiscal austerity. Of course, that is what he is calling for in emerging markets because debt is not sustainable there. He is not calling for loose monetary policy because he says that will not fix the debt load in these nations in the face of rising interest rates and dollar denominated debt.