RE:RE:RE:RE:RE:RE:RE:A trip down memory laneYes, but I'm expecting something the central banks will have to respond to with liquidity. What happens when EMs default on US$ denominated debt or sovereigns default on ther debt. It's all about the DEBT and I've read that globally, it's over $300Trillion. Problems begin at the periphery (EMs) and spread to the core (DMs). Sri Lanka is a case in point, but there are numerous other countries with huge debt problems (Japan, China, Turkey, Italy, etc).