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Posts Tagged ‘speculative’

Brazil fear moves by China to cool its economy and a speculative asset bubble

The Organization for Economic Cooperation and Development (OECD) chief, Angel Gurria, sent a strong warning to emerging countries during an interview with CNBC television, last Thursday: “There’s… a danger of asset bubbles in places like Brazil or places like India and we should be careful about that — that is a real threat”, he said. [...]