The emerging-market boom already looks as if it is the next vision to be cast in the garbage can of history. The ratings agency Moody’s is preparing warnings about the extent and quality of Indian private-sector debt.
一个个政治模式从兴起走向没落的循环周期似乎也变得越来越短。一度繁花似锦的“新兴市场”模式，可能很快就会被扔进历史的垃圾堆。印度私营部门的债务规模及债务质量令人担忧，穆迪评级正打算就此发出警示。而中国投资者对通胀的忧虑也在加深。