{"id":38982,"date":"2018-10-11T06:47:39","date_gmt":"2018-10-11T11:47:39","guid":{"rendered":"http:\/\/olduvai.ca\/?p=38982"},"modified":"2018-10-11T06:47:39","modified_gmt":"2018-10-11T11:47:39","slug":"imf-warns-about-emerging-markets-hello-always-late-imf-global-crisis-coming","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=38982","title":{"rendered":"IMF Warns About Emerging Markets: Hello &#8220;Always Late&#8221; IMF, Global Crisis Coming"},"content":{"rendered":"<header>\n<div class=\"story-header-area\">\n<div class=\"clearfix\">\n<div class=\"story-header\">\n<h3><a href=\"https:\/\/moneymaven.io\/mishtalk\/economics\/imf-warns-about-emerging-markets-hello-always-late-imf-global-crisis-coming-9JkNuK9pEkeZuuIrAZF-XA\/\">IMF Warns About Emerging Markets: Hello &#8220;Always Late&#8221; IMF, Global Crisis Coming<\/a><\/h3>\n<\/div>\n<div class=\"photo\">\n<div class=\"renderable jss457 Center Large show\">\n<figure class=\"image\">\n<div class=\"jss238 picture loaded\"><img decoding=\"async\" class=\"\" title=\"\" src=\"https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2F8GIFhglNW0uLsqeNBU57oQ\" srcset=\"https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2F8GIFhglNW0uLsqeNBU57oQ?w=684&amp;q=40&amp;h=496.90588235294115&amp;auto=format&amp;fit=crop 1x, https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2F8GIFhglNW0uLsqeNBU57oQ?w=1026&amp;q=30&amp;h=745&amp;auto=format&amp;fit=crop 1.5x, https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2F8GIFhglNW0uLsqeNBU57oQ?w=1368&amp;q=20&amp;h=994&amp;auto=format&amp;fit=crop 2x, https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2F8GIFhglNW0uLsqeNBU57oQ?w=2052&amp;q=10&amp;h=1491&amp;auto=format&amp;fit=crop 3x\" alt=\"\" width=\"684\" height=\"496.90588235294115\" \/><\/div><figcaption><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"post-summary\">\n<div class=\"publish-info\">\n<div class=\"authorCard jss468\"><\/div>\n<\/div>\n<\/div>\n<section class=\"deck\">The IMF is finally warning that there may be an emerging market crisis. Hello IMF, it&#8217;s already here. Look ahead.<\/p>\n<\/section>\n<\/div>\n<\/header>\n<article class=\"story-body clearfix\">\n<div>\n<div class=\"body\">\n<div class=\"markdown\">\n<div>\n<div>\n<p>The IMF is perpetually late in its forecasts. Here&#8217;s the latest hoot: <a href=\"https:\/\/www.wsj.com\/articles\/imf-warns-of-possible-emerging-markets-crisis-1539129600\" target=\"_blank\" rel=\"noopener\">IMF Warns of Possible Emerging-Markets Crisis<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<blockquote><p>A new study by the International Monetary Fund projects emerging economies will muddle through recent market turbulence without a severe shock to their financial systems, but flags an outside chance of a crisis.<\/p>\n<p>In a \u201cseverely adverse\u201d scenario, the IMF says capital could flood out of countries at a pace not seen since the 2008 global financial crisis.<\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p><strong>Outside Chance of a Crisis? What the Hell?<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>Argentina and Turkey are both in a full-blown crisis. So is Pakistan which last week went to the IMF for help.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>Here&#8217;s a hint: It&#8217;s a certifiable crisis to go to the IMF for a bailout.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>And what about Venezuela deep in hyperinflation.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p><strong>Wake-Up Call<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>\u201c<em>This should serve as a wake-up call,\u201d Ms. Lagarde said of the mounting debts and risks of capital outflows<\/em>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>Wake-up call to do what? Please tell us Ms Lagarde.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>The emerging market crisis is already underway.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>When the global junk bond and equity bubbles pop, we will not just be talking about emerging markets that are in trouble.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"markdown\">\n<div>\n<div>\n<p>Hello IMF, please wake up.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>IMF Warns About Emerging Markets: Hello &#8220;Always Late&#8221; IMF, Global Crisis Coming The IMF is finally warning that there may be an emerging market crisis. Hello IMF, it&#8217;s already here. Look ahead. The IMF is perpetually late in its forecasts. Here&#8217;s the latest hoot: IMF Warns of Possible Emerging-Markets Crisis. A new study by the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1954,1732,418,434,14648,13390],"class_list":["post-38982","post","type-post","status-publish","format-standard","hentry","category-economics","tag-emerging-market-crisis","tag-emerging-markets","tag-imf","tag-international-monetary-fund","tag-michael-shedlock","tag-mishtalk"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38982"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38982\/revisions"}],"predecessor-version":[{"id":38983,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38982\/revisions\/38983"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}