In 2001, in similar circumstances, Argentina defaulted on its external debts and the repercussions of that are still being felt. It is not clear where this will end; the measures introduced in Turkey...

In 2001, in similar circumstances, Argentina defaulted on its external debts and the repercussions of that are still being felt. It is not clear where this will end; the measures introduced in Turkey to support its currency have not worked and the pressure is still on all of these countries.