Rebuttal to Carmen Reinhart and Kenneth Rogoff’s proposal that Emerging Markets suspend debt payments

OpinioPro Selection
By May 22, 2020 14:49

Rebuttal to Carmen Reinhart and Kenneth Rogoff’s proposal that Emerging Markets suspend debt payments

Market Commentary

This is not the first time that Carmen Reinhart has cried wolf. As recently as May 2018, she argued in a Bloomberg interview that rising US inflation and US rate hikes would sink EM, because “more than two-thirds of emerging-market debt is dollar-denominated”. At the time, we issued a brief rebuttal to Reinhart’s doomsday predictions, which pointed out some of the more glaring mistakes …

OpinioPro Selection
By May 22, 2020 14:49

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