Edwards: Asian Conditions 'Rhyme' With 97 Asian Financial Crisis – ValueWalk Premium
Asian CPI Albert Edwards

Edwards: Asian Conditions 'Rhyme' With 97 Asian Financial Crisis

Thailand has just had its fifth straight month of deflation with CPI falling to -1.3% year-on-year, and Societe Generale permabear Albert Edwards sees evidence of a broader Asian malaise and a possible repeat of the 1997 Asian financial crisis, which itself kicked off in Thailand.

“History does indeed rhyme and Asia is in severe trouble again with the yen once again sliding precipitately just as it did in the two years prior to the Thai baht collapse in July 1997,” Edwards writes. “The . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

0