Feb 06 2009
∞
“ The scariest statistic to come down the economic pike in recent months? … It’s the Institute for International Finance’s estimate that net private sector capital flows into the emerging world will fall in 2009 to one fifth their 2007 levels. That’s, right, an 80 percent reduction in private sector cash into a group of fragile countries for whom such cash is the peace-keeper, the hope-giver.
— David Rothkopf, Foreign Policy
