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What happened when Mexico could not pay its debt?
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What happened when Mexico could not pay its debt?

User Marvia
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2 Answers

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Banks reduced there debt but definitely panicked since billions of dollars weren’t going to be payed. Hope it helped ‍♂️
User Otejiri
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4 votes
I have no idea, a guess I have is that maybe they had to print out more money which caused inflammation (I think that's the right word) where their money decreased in value.
User Reshma
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