by BoatSurfer600
Source: www.reuters.com/markets/europe/big-default-dozen-countries-danger-zone-2022-07-15/
— Win Smart, CFA (@WinfieldSmart) July 16, 2022
Historic cascade of defaults coming for Emerging Markets. Sri Lanka, where protesters stormed presidential palace, was 1st nation to stop paying its bondholders. Russia followed in Jun. El Salvador, Ghana, Egypt, Tunisia, Pakistan particularly vulnerable. t.co/KYF8uxGiWD pic.twitter.com/tbu8PJ8Jwb
— Holger Zschaepitz (@Schuldensuehner) July 10, 2022
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