15/10/11 17:10:09.40 UjXzWQhj.net
>>257の続き
Maybe, also, we could see some version of the financial contagion so obvious
in the 1990s. Troubles in Brazil might make investors leery of other emerging
markets, driving up interest spreads and forcing fiscal austerity that worsens
the downturn. Or for matter, to the extent that the same hedge funds have
been buying assets in a number of emerging nations, losses in one place could
force them to liquidate assets elsewhere, causing a sort of global debt deflation.
That was a popular story in the 1990s, and might apply again.