Anonymous

Why do currency crisis make the financial crisis more severe?

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  • gerald
    Lv 7
    1 month ago
    Favorite Answer

    because its a house of cards in 1929 there were poor figures on the stock market nothing that couldn't be handled but they panicked and the whole lot came down factories doing well were dragged in its how it works, your dollar loses value it costs more to buy what you need and struggling firms pay more for their needs making the problem they have worse

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