For Turkey, Indonesia, India, Brazil - this is not over yet - “they have serious problems and are not being resolved.”
The major problem is the Federal Reserve: with interest rates at such low levels, people can borrow lots of money – and America is printing a lot of money so there’s plenty to go around
A lot of countries have borrowed money at cheap rates which covers up their problems… they haven’t addressed their real problems; and so now, we have a huge problem facing us and it’s going to get worse.
This is not over yet – you should be worried, be careful, and be prepared
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