We May Be In The Early Stages Of The Next Global Economic Crisis

"The global economy could be in the early stages of another crisis. Once again, the US Federal Reserve is in the eye of the storm.

As the Fed attempts to exit from so-called quantitative easing (QE) – its unprecedented policy of massive purchases of long-term assets – many high-flying emerging economies suddenly find themselves in a vise..."

at  http://www.project-syndicate.org/commentary/the-end-of-quantitative-easing-and-emerging-economies--growth-by-stephen-s--roach#ixzz2dCFJkVcZ