WEST COAST DEBATE
Let's just say it didn't work out that way. Emerging market stocks, as measured by the iShares MSCI Emerging Markets ETF EEM -0.48% , lost over 60% of their value in the bloodletting that followed (between late '07 and early '09 ), falling harder and faster than their developed peers. There were two major flaws in the decoupling argument. ................
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