CURRENCY CRISES AND CURRENCY WARS By Gordon Platt FX has withstood many crises, including speculative attacks on the British pound, the Mexican peso crisis, the Thai baht crisis and, more recently, a euro under strain and a potential thr
CRISES AND
CURRENCY WARS By Gordon Platt FX has withstood many
crises, including speculative attacks on the British pound, the Mexican peso crisis, the Thai baht crisis and, more recently, a euro under strain and a potential thr
crises, including speculative attacks on the British pound, the Mexican peso
crisis, the Thai baht
crisis and, more recently, a euro under strain and a
potential threat...
The rows have led to concern from Robert Zoellick, president of the World Bank, that these
potential «
currency wars» will set in motion a retreat to market protectionism in the wake of the financial
crisis.
And there's an interesting dynamic — and
potential crisis — that comes into play when you consider digital
currency, the real - world products it can buy, and the impact on the real - world economy.