Pithy market wisdom often reflects a deeper truth. For emerging markets, the old saw has it that in good times, no amount of reserves is too much, and in bad times, any amount of reserves is too little.
Sourced through Scoop.it from: www.ft.com
Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.
Kenneth Carnesi 
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