MARKET PULSE
Farcical Battle in Bedlam

Yopie Hidayat
Contributor

LIKE frogs in a well, Indonesian politicians are busy fighting for power, while the emerging markets are moving downhill. The currencies of Turkey, Malaysia, the Philippines, Mexico, and China are now in a race to its nadir. The specter of the third global crisis, after US' 2008-2009 Lehman crisis and Europe's 2011-2012 Greek debt crisis, looms ever closer.

Three issues are rocking the global financial markets. First,

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