Remove 2008 Remove Balance Sheet Remove Banking Remove Tourism
article thumbnail

Start of a Global Currency Crisis?

MishTalk

Now the governments of both Venezuela and Argentina have reacted – the former by introducing a ''second bolivar exchange rate'' for certain types of exchanges, the latter by stopping to defend the peso''s value in the markets by means of central bank interventions. US Dollar Since mid-2008 the Lira collapsed from 1.03