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The Developed is on the of a , , and Crisis | Developed economies are at a point, the of unconventional monetary policy are , and markets are just beginning to wake up to this. That’s the sobering assessment on the current state of the delivered by from Aberdeen Standard Investments | Aug 27, 2019

"It is the that is running and monetary policy and it is the West, ironically, that is now on the .”

In his view, the have more levers to pull when compared to , where the taps have been turned on and settings are near .

The irony is that during the Asian crisis it was the and from developed markets that convinced the emerging market to printmoney and ‘take their medicine.’ Amstad says that this was a cathartic process for these economies, and they are now looking on in bewilderment as the West has resorts to money printing of an .

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