Emerging Markets Currency CRISIS in Turkey, Argentina, India! Drop to RECORD LOW!

in #money6 years ago


The crisis in emerging market continues. The fallout persists as countries all over the world see inflation pick up, their currency drop, and contagion spreads throughout. The U.S. markets have been supported with generous donations from central bank intervention causing the longest bull market in history. The question is, can FANG stocks remain afloat with everything around sinking like a stone?

Turkish lira sinks after reports that a key central bank member could resign

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Argentina crisis: Peso crashes to record low amid IMF plea

Argentine Bond Risk Soars With Investors Losing Faith in Macri Era - BloombergQuint

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India's rupee falls to an all-time low

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https://www.cnbc.com/2018/08/30/turkish-lira-sinks-after-reports-that-a-key-central-bank-member-could-resign.html https://www.cnbc.com/2018/08/30/argentina-crisis-peso-crashes-to-record-low-amid-imf-plea.html https://www.bloombergquint.com/onweb/2018/08/29/argentine-debt-now-riskier-than-ecuador-as-macri-suffers-blows#gs.eHydrYA https://www.cnbc.com/2018/08/30/indias-rupee-falls-to-an-all-time-low.html


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Nice video sir

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They’ve been planning this for a very long time . Time to take them all out .