3 ms·

Sri Lanka, now Ghana. The US Dollar is going to be a wreaking ball across a bunch of economies.

• Dig1t 4y ago
  How does the US dollar cause this? Genuinely asking, I don’t know.
  • John23832 4y ago
    It’s the common denomination of international debt. To pay their debt, countries need to buy dollars… which are expensive right now.
    • credit_guy 4y ago
      On the other hand, their currency being weaker, their exports are more competitive. Hard to have it both ways ...
• OmegaPG 4y ago
  Pakistan is next.
  • pestatije 4y ago
    Italy anyone?
    • MR4D 4y ago
      Probably not - as part of the Euro system, there is more demand for their currency relative to the dollar.