from The Daily Bell:
Emerging, maturing, protesting markets … At the beginning of this year, Eurasia Group, the political risk firm I lead, released its top 10 risks of 2013. We forgot to put Pepsi-guzzling whistleblowers on the list, but we did give our top slot to increasing turmoil in “emerging markets.” In a global economy that has become more reliant on countries whose economies are vulnerable to political shocks, emerging markets are our new economic fulcrums. What is causing this growing uncertainty in emerging markets? How much stress can they take without upsetting the balance for everyone else. The protests in countries like Brazil and Turkey are not Arab Spring-style uprisings: they’re the anger and frustration of newly empowered middle and lower-middle classes, the same consumers who were the catalysts and beneficiaries of this growth in the first place. – Reuters
Dominant Social Theme: Revolutions are spontaneous.
Free-Market Analysis: Anyone who has been following the alternative media over the past years knows that the various “youth” revolutions in Africa and now in the Middle East are controlled and sponsored. The US in particular has had a hand in these agitations and various agencies have reported on it.
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