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The Bad Trade-Offs Emerging Markets Face

TedTed
in The Bullpen
FYI: Emerging markets worried about their falling currencies and investors rushing to the exits are raising interest rates and keeping a lid on spending, even though doing so is likely to hurt their long-term prospects.
Regards,
Ted
https://www.wsj.com/articles/the-bad-trade-offs-emerging-markets-face-1539518868?mod=searchresults&page=1&pos=5
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