currency crisis

Argentina is definitely a country with a number of instructive examples in its history, reminiscent of the well-known expression “don’t try this at home.” Its economic past hides a whole series of harmful and destructive policies - state regulations and price controls, nationalization, accumulating budget deficits and defaulting on the country’s foreign debt…

This year is shaping up to be a very interesting one for global financial markets, but unlike the previous five, which focused on developed economies and their debt problems, attention is now shifting to the East. It's not that the West has managed to overcome its problems and is now confidently...