Turkey and Brazil in PANIC MODE as Currency Meltdown Continues! Economy Weakening!

in #money6 years ago


Emerging markets are still in PANIC MODE. The meltdown is still occurring and doesn’t seem likely to end any time soon. Currencies are extremely weak versus the US dollar. Stocks are in a bear market. And the general sentiment is that we don’t know what will happen next year, next month, or even tomorrow. This makes is highly difficult to do business and that’s not good for the economy.

Turkey’s Meltdown Hits Japanese Mom-and-Pop Investors - WSJ

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A Left-Wing Return in Brazil Is Investors' Worst Nightmare

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Germany calls for global payments system free of US | Financial Times
https://www.wsj.com/articles/turkeys-meltdown-hits-japanese-mom-and-pop-investors-1534930201 https://www.bloombergquint.com/markets/2018/08/20/a-left-wing-return-in-brazil-vote-is-investors-worst-nightmare https://www.ft.com/content/23ca2986-a569-11e8-8ecf-a7ae1beff35b


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Not much on the media about it

Love your work David. Thanks for all the knowledge you constantly provide!

Love your work David.
Thanks for all the knowledge you
Constantly provide!

                 - focusfit


I'm a bot. I detect haiku.

I think they’re heading for a world wide revolution . Sheeple can only take so much before they want BLOOD , and since everyone is pretty much aware of WHO is responsible you can expect GUILLOTINES to be rolled out and heads to fall away from bodies .