Can the credit crisis get any worse? In this week's Outside the Box my London partner Niels Jensen shows that it indeed can. Banks, and mainly European banks, have large exposure to emerging market debt of all types through both sovereign, corporate and individual loans. Just as banks have had to...
Posted to
John Mauldin's Outside the Box
by
John Mauldin
on
11-10-2008
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Filed under: The Fed, Credit Crisis, Hedge Funds, Recession, The Dollar, Niels Jensen, Credit Default Swaps, Deleveraging, Absolute Return Partners, Yen, Europe, European Banks, Emerging Economies, Iceland
It's All About the Spread The Coming Bank Credit Crunch More Thoughts on Fannie and Freddie Who Is Holding the Old Maid? Baltimore, La Jolla, South Africa, and London When is the credit crisis going to end? How will we know? The credit crisis is getting ready to enter its second phase. This week...