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A good example is Mexico in the mid 90's. It tried to do a moderate devaluation, but the market didn't accept it. It lost control of the currency, there was a dramatic devaluation, and a subsequent recession -- even a depression in Mexico.


Greg Mastel

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GREG GUTFELD I want some fact-based evidence about where we came from. Things we consider mysterious need not be ...
GREG GRAFFIN I rode in a nine-day charity ride recently, averaged 43km a day and still finished in the lead group...
GREG LEMOND I was a DC fan; The Flash was always my favorite character. He was sort of the most average guy amon...
GREG BERLANTI Unfortunately, the average guy on the street believes that studying evolution leads to atheism.
GREG GRAFFIN America is exceptional, it is asserted, because, with the exception of the abolition of slavery, it ...
GREG GRANDIN A story in Asimov's is read by hundreds of thousands of people.
GREG EGAN More people should apologize, and more people should accept apologies when sincerely made.
GREG LEMOND What's interesting about architects is, we always have tried to justify beauty by looking to nat...
GREG LYNN Even though arguably I could have done much better at school, I'd decided at a young age that I ...
GREG RUTHERFORD Do you ever see a right-wing kid violently jumping lefty speakers? On campus, you either have silent...
GREG GUTFELD On April 14, 1986, when the Reagan administration launched an airstrike on Libya in clear violation ...
GREG GRANDIN Wellness is not a 'medical fix' but a way of living - a lifestyle sensitive and responsive t...
GREG ANDERSON I've always been on a quest to use science in an artful way.
GREG GRAFFIN 'Sol Invictus' works like your basic FNM record: the sequencing is an artful job, hustling y...
GREG GUTFELD My first-ever job in the movie business, I was an art student at Carnegie Mellon, and they were shoo...
GREG MOTTOLA What suprised me most about the real Gordon Selfridge was actually about his sons, Ralph and Oliver....
GREG AUSTIN I have to say that Adam Levine is truly a daring young man to go on Twitter to bash Fox News. He'...
GREG GUTFELD Homeboy Bakery is an alternative to kids who have found themselves, regrettably, in gangs and want t...
GREG BOYLE I'm a very keen baker; I pride myself on my cakes. I go along the classic sponge line, but I lik...
GREG RUTHERFORD Is Donald Trump a fascist? It's an interesting question that has generated insightful commentary...
GREG GRANDIN If you go back far enough and get a wider enough picture of history, we have let go of many things t...
GREG GRAFFIN Terror, married to technology and accommodated by progress in travel, has turned evil individuals in...
GREG GUTFELD As foreign attacks increase, it's easy to treat them like bad weather happening somewhere else. ...
GREG GUTFELD Heroes are defined by their villains - Batman is nothing if he doesn't have Two-Face.
GREG RUCKA You stand with the least likely to succeed until success is succeeded by something more valuable: ki...
GREG BOYLE When I look back on my childhood, I think of that short time in Beirut. I know that seeing the city ...
GREG KINNEAR Once the Internet removes geography as a constraint, the smartest people go to the most beautiful pl...
GREG GIANFORTE When it comes to men, deal with them as they are, not how you’d like them to be.
GREG BEHRENDT When we are motivated by goals that have deep meaning, by dreams that need completion, by pure lov...
GREG ANDERSON Kissinger's unusually high body count and singular moral imperiousness has the effect, among his...
GREG GRANDIN The removal of the British after the American Revolution opened the floodgates of paramilitary range...
GREG GRANDIN I do have very high customer service standards - I'd send back sushi because it's too fishy.
GREG MCHUGH I think when you're working with a character that another writer is acting as - for lack of a be...
GREG RUCKA