Showing posts with label Tequila. Show all posts
Showing posts with label Tequila. Show all posts

Friday, September 18, 2015

Watching the Fed, and Remembering the Tequila Crisis

Watching the Fed, and Remembering the Tequila Crisis


Twenty years ago, a series of rate increases by the Federal Reserve put pressure on emerging markets like Mexico, which had to be bailed out by the United States and the I.M.F. Could it happen again?










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