2025-12-13 18:25:37

A currency experienced a sharp 19% devaluation over just days, triggering sweeping economic reforms. The government moved aggressively—scrapping import licensing entirely, slashing tariffs dramatically (the ceiling dropped from 355% to 85%), and reopening borders to multinational corporations. On the fiscal side, tax rates fell considerably. The banking sector saw fundamental changes too: instead of being forced to accumulate government bonds, financial institutions regained the freedom to extend credit. These structural shifts reshaped both policy and market dynamics.

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WhaleMistaker

· 2025-12-14 21:41

Ha, so this is what it looks like when you're forced into a corner and finally relinquish power.

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BearMarketMonk

· 2025-12-13 18:55

A 19% devaluation happened within a few days, followed by round after round of reforms... This is the market teaching people how to speak in the most straightforward way. Tariffs cut from 355% to 85%, sounds great, but history repeats itself, and survivor bias is playing dead here.

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MrDecoder

· 2025-12-13 18:49

19% devaluation this time, directly hit the big reform button... from 355% tariffs cut down to 85%, how desperate do you have to be to pull off such a move lol

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ContractTearjerker