What Europe Can Learn From Asia’s 1997 Crash: William PesekWilliam Pesek
June 27 (Bloomberg) -- Watching Greece slide into chaos from 6,000 miles away is painful. Asia, after all, was the last region to experience what Europe may be about to endure. Asia’s implosion in 1997 toppled leaders, touched off riots, set back living standards a decade or more and tarnished the International Monetary Fund’s reputation. Expect similar developments as Europe’s grand monetary experiment cracks.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- We Didn't Normalize Trump. We Normalized the Left's Violence.
- The Next Crisis Will Start in Silicon Valley
- Trump's Terrible Numbers Are a Little Less Terrible
- Trump Takes a (Calculated) Risk on Immigration
- Ignore the Bombast. Trump Gave a Conventional Speech
- The Numbers Show Silicon Valley Is Already Fading
- Not Driving to Work Is the Hot New High-End Job Perk