분야
pptx2. It’s crash
3. The spread of that crash across Asia
4. Conclusion
Some of this investment to Thai took the form of pure speculation.
As the air began to go out the bubble, losses began to amount.
A classic currency crisis was in full swing.
The baht fall so far because of panic like bank-run.
That caused the vicious circle of financial crisis.
Many Asian economies were all vulnerable to self-validating panic.
It’s because of opening up their financial markets and of The new debts in dollars.
After all, a financial avalanche of Asia occurred.
