🚦 The Peso crisis (1994)

How currency and debt mismatches crashed mexico’s economy

💡 New on Macro Mornings? Start here

🚦 This is part of a 52-week series on Macro Mistakes - Designed for those who want to learn from history.

I share lessons from the biggest macroeconomic mistakes made by investors, companies, and countries, helping you avoid similar pitfalls and capitalize on future opportunities. Feel free to catch up on previous emails here if you'd like to start from the beginning!