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#CubaWatch🇨🇺#: On Hanke's #CurrencyWatchlist#, this week the Cuban peso ranks as the WORLD'S 5TH WORST CURRENCY.
The peso has depreciated by 42% against the USD in the past year.
THE PESO IS GETTING KILLED BY SOCIALISM AND SANCTIONS.
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#NKWatch🇰🇵#: On Hanke's #CurrencyWatchlist#, this week the North Korean won ranks as the WORLD'S 4TH WORST CURRENCY.
The won has depreciated by 47% against the USD in the past year.
THE NORTH KOREAN WON IS THE WORLD'S MOST OVERLOOKED CURRENCY DISASTER.
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#IranWatch🇮🇷#: On Hanke’s #CurrencyWatchlist#, this week the Iranian rial ranks as the WORLD’S 3RD WORST CURRENCY.
The rial has depreciated by 59% against the USD in the past year.
THE RIAL IS JUNK. IRAN NEEDS A GOLD-BASED CURRENCY BOARD.
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#VNZWatch🇻🇪#: @aecarri — On Hanke’s #CurrencyWatchlist#, this week the Venezuelan bolívar ranks as the WORLD’S WORST CURRENCY.
The bolívar has depreciated by 69% against the USD in the past year.
IT’S TIME TO DUMP DELCY, DITCH THE BOLÍVAR, AND DOLLARIZE VENEZUELA.
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#SudanWatch🇸🇩#: On this week's Hanke's #CurrencyWatchlist#, the Sudanese pound ranks as the WORLD'S 2ND WORST CURRENCY.
The pound has depreciated by 64% against the USD in the past year.
SUDAN NEEDS TO SEND THE POUND PACKING AND BRING IN KING DOLLAR.
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#CubaWatch🇨🇺#: On this week's Hanke's #CurrencyWatchlist#, the Cuban peso ranks as the WORLD'S 5TH WORST CURRENCY.
The peso has depreciated by 42% against the USD in the past year.
SOCIALISM + SANCTIONS = A DEADLY PESO COCKTAIL.
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#SouthSudanWatch🇸🇸#: On this week's Hanke's #CurrencyWatchlist#, the South Sudanese pound ranks as the WORLD'S 6TH WORST CURRENCY.
The pound has depreciated by 30% against the USD in the past year.
SOUTH SUDAN'S POUND IS A LOSER. TIME TO DOLLARIZE.
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#IranWatch🇮🇷#: On this week’s Hanke’s #CurrencyWatchlist#, the Iranian rial ranks as the WORLD’S 3RD WORST CURRENCY.
The rial has depreciated by 60% against the USD in the past year.
AS I FIRST WROTE IN 2012, IRAN SHOULD ADOPT A GOLD-BASED CURRENCY BOARD. THE RIAL WOULD BECOME AS GOOD AS GOLD.
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#LibyaWatch🇱🇾#: On this week's Hanke's #CurrencyWatchlist#, the Libyan dinar ranks as the WORLD'S 7TH WORST CURRENCY.
The dinar has depreciated by 25% against the USD in the past year.
Thanks to US-led regime change operations in 2011, Libya is a failed state.
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#IranWatch🇮🇷#: On this week’s Hanke’s #CurrencyWatchlist#, the Iranian rial ranks as the WORLD’S 2ND WORST CURRENCY.
The rial has depreciated by 57% against the USD in the past year.
AS I FIRST WROTE IN 2012, IRAN SHOULD ADOPT A GOLD-BASED CURRENCY BOARD.
THE RIAL WOULD BECOME AS GOOD AS GOLD.
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