Financial Repression in the Emerging Markets

Financial repression is a running down of debts by allowing them to be inflated through the inflation process. You don't actually default, you just fail to pay in real terms. So what have you learned about these type of situations over the course of your career? Well, you've probably read tolstoy so college, sure I did it. Every family is unhappy in its own way. There are elements that may be the same, but each one is slightly different. But again, there's still some unknown unknown every time you do that.