" The city and county governments will fiscally re-balance if their annual interest payment on general debt is 10 percent higher than its public spending budget, or if interest on special debts is 10 percent more than its government fund budget.
To be fair, one could argue that there is already some sort of neo-populism going on in EM, most notably in Hungary, Poland, Slovakia and Russia, driven by ideology but mostly by fiscally conservative governments.
One might be concerned over the need for sovereign wealth funds to liquidate assets to fund fiscally stressed governments, particularly of the oil exporters.
Become more fiscally cautious as the year approaches its end and you'll be more solidly in the black going into 2017.
