Schlagwort: Competitive Devaluation
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Socialism Today: Tiger Economic Meltdown Threatens World Recession
[Socialism Today, No 25, February 1998, p. 2-4] „Large numbers of supposedly well-informed experts completely failed to warn of the fragility of the East Asian economic region until after the event. I find this unforgivable”. Hamish Mckae, The Independent, 13 January, 1998. „All the classic symptoms of an impending economic crisis are visible … After…
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Socialism Today: East Asian Market Tremors – End of the Cycle or End of Cycles?
[Socialism Today, No 22, October 1997, p. 2-4] East Asian Market Tremors – End of the Cycle or End of Cycles? All the classic symptoms of an impending economic crisis are visible. Wall Street jitters, volatility on world stock markets. The collapse of Thailand’s speculative boom, followed by helter-skelter devaluations of other South East Asian…