5 Failed Currencies And Why They Crashed

AAA

Some of the countries that adopted the euro now find themselves in the position of being unable to independently manage their monetary policy. What is being done to establish financial stability? Essentially, new money is being pumped into Greece and Ireland via the European Central Bank and International Monetary Fund. This raises the question of what these actions portend for the long-term health of the euro. History may provide some answers.
  1. No results found.
Related Articles
  1. Insights

    Why These European Countries Don't Use the Euro

    The euro is a common currency of the European Union. Yet, many EU countries don’t use the euro. Investopedia explores why.
  2. Investing

    The Story Behind The Irish Meltdown

    Once a lesson in national renewal, Ireland is learning that success can be fleeting. Learn the story behind Ireland's crumbling economy.
  3. Insights

    Understanding the Downfall of Greece's Economy

    Greece defaulted on its debt in an incredible way. Such an event has left many wondering how Greece’s situation became so dire, and what comes next.
  4. Trading

    What The Falling Euro Means For You

    The chaos in the eurozone could have huge effects on North America.
  5. Trading

    Why Is The Euro Falling?

    We look at the reasoning behind the selling pressure on the euro, and see how this can impact the average consumer.
  6. Investing

    Is Quantitative Easing Destroying The Euro?

    Quantitative easing being undertaken by the ECB to stabilize the Eurozone economies is sure to have some impact in decreasing the value of the euro.
  7. Retirement

    Should You Retire in Greece This Year?

    The Greek financial crisis has left the nation in a vulnerable economic state. Does that make it a good place for expat retirees or the opposite?
  8. Insights

    Fiscal Policy vs. Monetary Policy: Pros & Cons

    When it comes to influencing macroeconomic outcomes, governments have typically relied on one of two courses of action: monetary policy or fiscal policy.
  9. Investing

    Buying Euros as a Long-Term Investment: Risks and Rewards

    Learn about the potential risks and rewards of long term investing in the euro and the current status of the European Union's financial markets.
  10. Investing

    Greece: The Worst-Case Scenario

    What could happen if the Greek debt crisis gets even worse?
Trading Center