goldman emerging mkt saw $10B outflow last month better to invest in the west
seems growth and return are two different things the bottom 1/3rd growth had highest investment.
land of long low hanging stink has stifling corrupt gov't.
As I've warned over the yrs the em con job makes Madof look like an picker and the em shares not correctly
priced for country risk, corruption, maoist insurgencies, etc. Now GS is saying the same thing say in the west
and avoid the em. What's next they admits the battle in seattle protesters were right along and the phoney
trading system caused the o'bomber led depression.
Shorts this is good news we're starting to see the herd hit the exits and pe will colapse. the clueless immoral longs will be in for the mother of all financial losses.