3 ms·
a scary thought, is to look at Argentina, when the country defaulted its imf loans, had to unpeg their currnecy to the dollar, and the value of their currency
by ardit33 18y ago
a scary thought, is to look at Argentina, when the country defaulted its imf loans, had to unpeg their currnecy to the dollar, and the value of their currency went down the drain overnight.
Lots of unrests, people lost their life savings (well, they were worth a lot less).