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South Asia Debt Woes Evoke Fears of Another 1997-Style Crisis

Posted on 08/05/2022 12:30:07 PM PDT by nickcarraway

South Asia Debt Woes Evoke Fears of Another 1997-Style Crisis(Bloomberg - link only)


TOPICS: Business/Economy; Extended News; Foreign Affairs
KEYWORDS: asia; pakistan; srilanka

1 posted on 08/05/2022 12:30:07 PM PDT by nickcarraway
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To: nickcarraway

With Rupee cheap, good time to visit Tajmahal.


2 posted on 08/05/2022 1:04:22 PM PDT by entropy12 (Trump pp& MAGA are the only way to keep USA viable.)
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To: entropy12

Really. Mrs. VanShuyten and I honeymooned in Indonesia just after Soros destroyed the rupiah. The foreign resorts charged in dollars, but everywhere else was cheap (and good, for a 2nd-3rd world country). We left before the food riots started, so it still remains a good memory.


3 posted on 08/05/2022 4:15:07 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: nickcarraway
Interesting graphic showing relative sizes of world economies.


4 posted on 08/05/2022 4:21:01 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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