We May Be Facing a Textbook Emerging-Market Crisis
A customer changes dollars into Turkish lira at a foreign currency exchange store in Istanbul, Turkey. (Photographer: Nicole Tung/Bloomberg)

We May Be Facing a Textbook Emerging-Market Crisis

BloombergOpinion
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(Bloomberg Opinion) -- Emerging-market stresses have been building since at least 2013. Investors may have forgotten the effect of the “taper tantrum” on the so-called Fragile Five – Brazil, India,...
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