Would a sudden end to QE3 result in capital flight in emerging markets that have economic trade ties with the US?
Would a sudden end to QE3 result in capital flight in emerging markets that have economic trade ties with the US?
Unlikely.
Seriously; does anyone outside the US care about the US QE program, if the money hasn't left by now, it should have.
When you are a base currency capital doesn't make speculative moves because wherever you go it is more volatile than where you are and volatility means risk, often soveriegn risk
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