Why Emerging Markets Debt Has Dropped Significantly

The video discusses the bifurcation in emerging markets debt, highlighting the challenges faced by oil-producing nations like Nigeria and Venezuela due to currency depreciation and dollar-denominated debt. It contrasts these with successful markets like India, which have improved reserves and are better positioned than in past crises like 1998. The video also touches on potential interest rate hikes by the Fed and their impact.

In what ways are emerging markets today better positioned compared to the situation in 1998?

What parallels are drawn between the current situation in emerging markets and the Russian debt crisis of 1998?