Quote:
Originally Posted by afc wimbledon
I'm not sure most people realise how fast things go wrong when they go wrong, interest rates spike in a week or two when the currency craters, its not a slow process, its breathtakingly quick, there is no 'reaction' to it, you just wake up one day with no economy and most of your possesions are worthless, Governments are essentially powerless at that point
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South America's history of rapid inflation cycles is an example.