The International Monetary Fund cautioned on the possible risks of the United States ‘non timely’ unwinding of the stimuli program implemented by the Federal Reserve and the collateral effects that such a policy could have on emerging economies, as those in Latinamerica. Read full article
Comments
Disclaimer & comment rulesShit hitting the fan coming to a country near you, otherwise known as a race to the bottom for all the currencies tied to the dollar.
Jun 17th, 2013 - 07:45 pm - Link - Report abuse 0The low U$ cycle has come to an end the BRICs are not going to have an easy time of it.
Jun 17th, 2013 - 09:52 pm - Link - Report abuse 0I hope they socked some $ away for the next cycle.
Too bad for the ones that also have a big reliance on commodities.
They're gonna get it from all sides.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!