The debt crisis

Record High Debt + Record Low Interest Rate = Explosive Combination

Friday, January 24, 2014

Argentine Peso Leads Emerging-Market Currency Rout as Lira Sinks ......Bloomberg

Argentina devalued the peso, allowing it to plunge the most in 12 years, and Turkey’s lira tumbled to a record as the emerging-market currency selloff deepened amid slowing growth and rising social tension.
Posted by Unknown at 4:06 AM
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