http://www.bloomberg.com/apps/news?pid=20601086&sid=aIJif6jqDY3U&refer=news
``Clearly we are in the early stages of a crisis in emerging markets,'' said Neil Dougall, head of emerging-market research at Dresdner Kleinwort in London. ``The fact we have already seen $80 billion penciled in for possible dispersion indicates that the IMF is going to be facing quite significant pressure.''
Yep and it is going to be very bad.
Sunday, November 23, 2008
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