Pyramid schemes or Ponzi schemes as they are often called have been around in the market economy for quite some…
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Asset bubbles have always been a testimony to the bizarre things that humans can accomplish when they abandon their own…
The South Sea Bubble is one of the largest asset bubbles that the world has ever seen. In fact, this…
The Mexican peso crisis, which is also known as the tequila crisis was one of the first major currency crisis…
The Black Wednesday of 1992 refers to the momentous day when the British Pound was under attack by currency speculators. This…
The freely floating currency system may have its advantages and disadvantages. However, it has fundamentally changed the way we look…
What is a Currency War ? A currency war is a situation wherein devaluation of currency by one country is retaliated…
The Asian financial crisis was another major currency crisis that happened during the 1990’s. The crisis assumed epic proportions. This…
During the period of 1998 to 2002, the Argentina economy underwent a massive financial crisis. This was nothing unheard of,…
The freely floating currency system is the predominant system of foreign exchange that is prevalent in the world today. As…
