The “precarious” year of the global economy is reminiscent of the 1997 crisis

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The “precarious” year of the global economy is reminiscent of the 1997 crisis The “precarious” year of the global economy is reminiscent of the 1997 crisis

Rising yields are bringing highly indebted economies back to the abyss. getty Here in Asia, 26 years later, the events of 1997 are still surprisingly dramatic for policy makers, business people and investors. The more recent Covid-19 chaos and the “Lehman shock” of 2008 are, of course, stand alone causes of PTSD. But from Jakarta […] The post The “precarious” year of the global economy is..
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