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IMF Warns of Brazilian Asset Bubble

By Jaylan Boyle, Senior Contributing Reporter

RIO DE JANEIRO - Chief of the International Monetary Fund (IMF), Dominique Strauss Khan has handed down a warning to Brazil, among others nations, that there is a very real risk of an 'asset bubble' developing in the emerging economies of the world.

An asset bubble (sometimes referred to as a speculative bubble or speculative mania) can occur when investment pours into an economy, which in turn inflates the price of goods far beyond their 'real' value. However an occurrence of an economic . . .

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