Dear Friends:

Please find attached a recent op-ed on Reuters which covers my concern on the effect of an emerging market debt crisis on the ability of the world economy to recover from the present Covid-19 pandemic.

I would appreciate any comments that you might have.

Regards,

Bill

https://wrrga.com/wp-content/uploads/2019/02/Breakingviews-Guest-view-Debt-crisis-will-delay-global-recovery-1.pdf