
Alvaro Cuenca
Montevideo, Uruguay
Greece’s potential financial downfall and semi-colonial economic status monopolized the news this summer. Much ink has been spilled on the apocalyptic consequences the crisis might yet hold for European Union finances and for the global monetary system. However, much less is known of a similar situation that happened more than a hundred years before in Uruguay, the effects of which would also reverberate across the Atlantic to shake the very foundations of the global financial world. Continue reading “How Uruguay Helped Spark a Global Financial Crisis in 1890”