Have we just been given a warning by Emerging Markets, similar to the one we woke up to on June 22nd 2007 from Bear Stearns?
“All men dream: but not equally. Those who dream by night in the dusty recesses of their minds wake up in the day to find it was vanity, but the dreamers of the day are dangerous men, for they may act their dreams with open eyes, to make it possible." T.E. Lawrence; Seven Pillars of Wisdom