what country, or group of countries, could have the next currency crisis?

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what country, or group of countries, could have the next currency crisis?

2007-03-18 04:42:38 · 3 answers · asked by Sarah 1 in Social Science ➔ Economics

3 answers

The Baltics -- Estonia, Latvia, and Lithuania. These countries have been growing too fast. They have current account deficits that are huge! 20% of income. Latvia has already had one small currency crises a few weeks ago -- ATMs were emptied overnight. It might very well have a larger one very soon.

2007-03-18 05:00:32 · answer #1 · answered by Allan 6 · 0⤊ 0⤋

I f you- know you are already rich, because these are big movers and you would buy futures. Next Q

2007-03-18 14:06:28 · answer #2 · answered by RayM 4 · 0⤊ 1⤋

USA.

2007-03-18 11:46:54 · answer #3 · answered by Gustav 5 · 0⤊ 0⤋