DANGER IS HERE: Has the Reset Already Begun?
ITM Trading Podcast
00:00
Restructuring Unrecorded Debt
Back in two thousand and six that this debt for emerging market was 20% of g d p. And now it's a 28%. This is not a big shock, but were it used to be issued by traditional global lenders. But the new global lenders that have really come up are china and with the eurobonds,. So you have a different, there's a different attitude about it as well. It puts this debt in greater risk, because a lot of this, especially in the uro bonds, that's private.
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