The Real Reason Markets Tanked This Week -- And How To Fix Them

Stocks are falling because of brewing troubles in emerging markets. And those troubles are the result of economic ignorance: too many central bankers don't know how to defend their currencies, which are under attack. If they don't get their act together, we could have another big financial crisis like that which hit in Asia in 1997-98. The danger is that the Fed, the IMF, the European Central Bank, the Bank of England and the Bank of Japan are just as clueless as their developing country counter...