Chapter
The Global Debt Crisis
A lot of investors in the developing markets have stopped investing in emerging markets, moving their focus instead to the US, causing the price of emerging market debt to collapse. The global debt market is currently valued at $300 trillion, and the current crisis could lead to a global financial crisis.
Clips
The Wall Street Journal reported that emerging markets have been under significant pressure recently, despite investors typically betting on higher GDP growth in these markets compared to developed markets.
01:35 - 03:02 (01:27)
Summary
The Wall Street Journal reported that emerging markets have been under significant pressure recently, despite investors typically betting on higher GDP growth in these markets compared to developed markets.
ChapterThe Global Debt Crisis
EpisodeE87: Emerging markets, Sri Lanka, 9.1% CPI, market sentiment, NASA's Webb telescope & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The top five challenges faced by emerging and frontier markets are high bond and loan yields, increasing debt rates, investors pulling out of markets, surging inflation, and slowing growth with the potential for contagion.
03:02 - 04:08 (01:06)
Summary
The top five challenges faced by emerging and frontier markets are high bond and loan yields, increasing debt rates, investors pulling out of markets, surging inflation, and slowing growth with the potential for contagion.
ChapterThe Global Debt Crisis
EpisodeE87: Emerging markets, Sri Lanka, 9.1% CPI, market sentiment, NASA's Webb telescope & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The rise in US interest rates caused a move of money out of emerging market debt into US debt, which has led to a collapse in the price of that debt.
04:08 - 08:29 (04:20)
Summary
The rise in US interest rates caused a move of money out of emerging market debt into US debt, which has led to a collapse in the price of that debt. This has created a scary scenario and has the potential for causing a global financial crisis.