Why Currency Crises Are Rarely Solved By Rate Hikes

The video discusses various economic crises in the late 20th century. It covers Russia's default and ruble collapse during the Asian financial crisis, Indonesia's interest rate hikes and political changes, Brazil's economic measures to stabilize its currency, and Britain's exit from the ERM, highlighting George Soros' financial gain from shorting the pound.

What was the outcome of Moscow's default on its debts two months after the initial economic measures?

What actions did Indonesia take between 1997 and 1998 in response to its economic situation?

How did Brazil respond to capital outflows in September 1998?

What significant event occurred in Britain on September 16th, 1992, and what was its impact on the pound?

What was the result of George Soros's actions against the pound, and how did it affect the currency's value by the end of the year?