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Rachel Ziemba
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Last week’s @NYUCGA I spoke about tough EM finances. Highlighted a few groups-already insolvent precovid - precarious public finances facing new (oil) shock - external balance crunch -weak growth, contingent
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Today’s Oil price collapse of expiring May 2020 contract is completely unprecedented. The depth of negative price reflects lack of buyers, which means no real price. Puzzle to watch is
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