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nal agreements and anticipate the effects of basic economic "laws" in order to profit.[83]

In this view, countries may develop unsustainable financial bubbles or otherwise mishandle their national economies, and foreign exchange speculators m

ade the inevitable collapse happen sooner. A relatively quick collapse might even be preferable to continued economic mishandling, followed by an eventual, larger, collapse. Mahathir Mohamad and other critics of speculation are viewed as trying to deflect the blame from themselves for having caused the unsustainable economic conditions.

Risk aversion[edit]
See also[edit]
Balance of trade
Currency codes
Currency strength
Foreign currency mortgage
Foreign exchange controls
Foreign exchange hedge
Foreign exchange reserves
Foreign exchange derivative

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