01 December 2009

OB: It's the end of Dubai World as we know it

In this episode of Practical Economics Matt Stiles talks whether the bond default of Dubai World marks the beginning of a run on emerging markets or whether it is just a passing regional financial failure that will have little broader impact. Could Dubai World be the canary in the coal mine, foretelling a broader market crack-up just around the corner?

Check out Matt's blog at http://futronomics.blogspot.com/.

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