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NewsWhore
03-05-2009, 01:30 AM
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Bondholders Get Stiffed With Perfect Alibi (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26refer%3Dcolumnist_marinis%26sid%3DazVRT13EdU8M&cid=0&ei=SmSvSdfbB5GHmQevuM2LDw&usg=AFQjCNHzFSjRtpXnFKj0roL1AJy-Me7sIQ)
Bloomberg
The lack of a free-floating currency regime also makes it more challenging for these economies to weather today’s aversion to risk and the sharp reduction in capital flows to emerging markets. Ecuador can’t control the supply of money circulating in ...


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