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Thread: Do you remember 1997 Asian financial crisis?
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[quote=BITTERSWEET,330837]This is South-East debt crisis and then spread over to East europ and Latin America and Brazil. I heard that at that time Chines gov warned speculators saying that our chips are our U$ reserves, if you want to play, go ahead. So Soros skipped RMB and Shot South East currencied starting with Thais, Korean dollar, etc. After being defeated by Chinese governent in HongKong market, Soros leart a lesson![/quote]
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