Monday, October 06, 2008

Question(s) of The Day? - Submerging Markets?

The “Emerging Markets” are looking more like the “Submerging Markets” … anyone still buying this story?

The Brazil, Russia, India and China markets are all completely tanking… was the whole BRIC-“emerging markets” narrative real or just the final over-hyped financialized bubble in an era that has now given way to widespread and fundamental collapse?

What’s next for these once hot economies?