What happened when Mexico could not pay its debt?

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asked Jul 25, 2019 182k views

2 Answers

Otejiri · Answer 1 · 2019-07-25T16:51:36+0000

Banks reduced there debt but definitely panicked since billions of dollars weren’t going to be payed. Hope it helped ‍♂️

Reshma · Answer 2 · 2019-07-29T20:38:36+0000

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.

What happened when Mexico could not pay its debt?

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