"Mounting debt loads, trade battles, rising interest rates and stalled growth have made emerging markets more vulnerable than on the eve of the 2008 financial crisis. ~ Harvard professor Carmen Reinhart
"The current episode somewhat resembles the Asian financial crisis of the late 1990s, when the M S C I Emerging Markets Index for developing-nation stocks slid as much as 59 percent." Paul Krugman, Nobel Prize-winning economist
bloomberg.com/news/articles/2018-06-18/etfs-say-pain-is-not-over-for-emerging-markets-as-investors-bail