Australia / New Zealand in Danger as External Imbalances Build: SocGen
Societe General Cross Asset Research publish a Special Report titled ‘How to survive the balance of payments crisis,’ and propose investment strategies based on the analysis of external imbalances in 25 developed and 23 emerging countries.
External imbalances
SocGen place special emphasis on external imbalances, saying they have “huge market implications.” Balance of payments dynamics played a huge role in the Eurozone debt crisis and in the turmoil unleashed in the emerging markets after . . .
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