We got the same problem in Turkey.
I traded severeal short setups agains the TRY
In EUR/TRY you can see the fall of the Lira.
And this is a country even closer to europe. A lot of european banks are involved in the turkish market. And we are talking about half a trillion € round about. So it´s getting interesting when the first turksih customers won´t be able anymore to pay their credit rates.
You are absolutley right. This one of the first domino dips...
upvote & resteem