Gold: The Lost Decade! | Mean Reversion Trading Weekly Podcast: July 17, 2022
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to Cart failed.
Please try again later
Add to Wish List failed.
Please try again later
Remove from wishlist failed.
Please try again later
Adding to library failed
Please try again
Follow podcast failed
Please try again
Unfollow podcast failed
Please try again
Gold: The Lost Decade! | Mean Reversion Trading Weekly Podcast: July 17, 2022
-
Narrated by:
-
By:
About this listen
For Latin America, the 1980s were a “Lost Decade.” Many Latin American countries failed to make the payments on their foreign debt.
In the 1970s, oil spiked to record highs twice, which led to many Latin American countries experiencing current account deficits.
Banks began to stop foreign lending as they tried to collect on their existing loans. The sudden cut-off of lending sent many Latin American economies into deep recessions.
Despite evidence of the problem, most involved did not recognize the problem until it had become a crisis.
No reviews yet