John Smith’s map of Virginia, engraved by William Hole and published in 1612. Public domain.
Mexico's currency broke in December 1994, and the United States helped arrange a rescue.
If money is tight, a peso crisis is your problem if you work for a firm that sells into Mexico or competes with one.
If you are in the middle, a rescue of a neighbor is a political argument about your taxes.
If you have savings, you may hold the funds that were about to take the loss.
In December 1994 the Mexican peso collapsed and investors fled.
Early in 1995 the United States and the International Monetary Fund organized support so Mexico could meet dollar debts.
A trade partner had become a financial ward in a matter of weeks.
Source: US Treasury and International Monetary Fund record of the 1994-95 Mexican peso crisis.