Fear Of Global Financial Collapse? Emerging Market Currencies Collapse
- RT America Published on Aug 30, 2018
As tariffs and sanctions are increasing globally many nations are dealing with reeling financial issues and the near collapse of local currency. Investors are concerned Latin Americas third largest economy, Argentina, could collapse after the country unexpectedly asked for the early release of a $50 billion loan from the International Monetary Fund. At the same time nations like Canada and Venezuela are dealing with growing inflation. For more on the current global currency crises we turn to RT’s Manila Chan and former UK member of parliament, George Galloway.
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