- Compare the recent performance of four currencies now going through economic crises. Argentina is nationalizing its pension system to bail itself out of debt obligations; Hungary has had foreign lending dry up and force it to yank rates to double-digits; the Iceland story is well known; and Pakistan is looking for $4b in IMF support to meet looming debt obligations.
Related Posts :
- Nouriel Roubini:"Panic" May Force Market Shutdown
- Argentina crisis could have global impact
- Iceland receives $6 bln rescue package
- Nouriel Roubini: How to prevent contagion effects of the financial crisis in Hungary
- Will Hungary be the next Iceland?
- Infectious Greed: Four Currency Crises: Hungary, Iceland, Pakistan, and Argentina, October 23, 2008
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