► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Russell Napier explains contagion risks to developed economies<br /><br />Deflation imported from hard-hit emerging markets shows signs of creating a bear market in the developed world, says Russell Napier, author of “Anatomy Of The Bear”. He explains the risks to FT investment editor James Mackintosh.<br /><br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
