Seriously, who runs these banks who plunged head deep into EMs. Are they not supposed to have research divisions who apply proper ESG concepts in assessing risk, local geopolitics and the mere nature of the individuals sitting on the government apparatus.
Argentina, Turkey, Indonesia already in crisis - India and Brazil are closely behind.
Perhaps teach a little history in economics so they understand where they invest.
Submitted August 13, 2018 at 03:34PM by rugby_shirt https://ift.tt/2OumRRU
