they say, that this summer in terms of debt issuance by developing countries will be weaker than the period of the financial crisis. an economic boom always leads to an increase in debt burden, more often due to short-term debt. refinancing problems and a sudden stop" – start from the impossible category to the unlikely category.
this is still a subconscious process in my head, not yet guided through a standard thought process. The last time I felt something like this was at the end of July 2011 of the year. but, pessimism about emerging markets (according to BofA ML) gives hope, that I just joined the majority and this is a self-countering signal :)
