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Developing countries are the least hurt by global recessions. And the point isn't that the capital has to go somewhere, it's that it's not actually there to beg
by c3534l 9y ago
Developing countries are the least hurt by global recessions. And the point isn't that the capital has to go somewhere, it's that it's not actually there to begin with. Besides, the article says it's the US specifically that looks like it's in trouble and that foreign stocks looks much better.
- freefm 9y agoInvestment in developing countries is considered to be more risky. In a recession people move their money into less risky assets. I believe a major recession is coming, but I think the US will be the least hurt.