Unlike 30-40 years ago, the key question now is whether developed economies and their financial systems are insulated from the impacts of emerging market crises, which would determine whether contagion spreads to advanced economies.
factualpending
Speaker
Jeffrey SachsEvidence Quote
“unlike 30 years ago or 40 years ago... is the developed world are the developed economies and their financial system insulated from this impact that could be coming again from emerging markets or developing economies”
Source
Jeffrey Sachs: "We're in a crisis and it will get worse in the coming months."— Prague Finance InstituteCreated: 8/10/2026, 9:58:27 PM
My Notes
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