Harvard's Reinhart Issues an EM Warning for 2019

The video discusses the economic challenges faced by China and emerging markets in 2019. It highlights the impact of China's diminishing returns on stimulus, the stability of its currency, and the lessons learned from 2015. The discussion extends to the global impact on emerging markets, focusing on debt issues in countries like Argentina, Brazil, Turkey, and Mexico. The video emphasizes the complexity of external factors, including US interest rates and a strong dollar, affecting these markets.

In what ways have emerging markets been affected by the stronger dollar and higher US rates?

What factors contribute to the systemic problems faced by emerging markets in 2019?

How do idiosyncratic stories in emerging markets reflect the global economic situation?