Nouriel Roubini explains why many previously fast-growing economies suddenly find themselves facing strong headwinds. - Project Syndicate - 0 views
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Nonetheless, the threat of a full-fledged currency, sovereign-debt, and banking crisis remains low, even in the Fragile Five, for several reasons
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Many also have sounder banking systems, while their public and private debt ratios, though rising, are still low
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a large war chest of reserves
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