English Blogactiv Posts - EU Blog Platform

A Feeling of Deja vu

By now, the scenario employed against Greece, Portugal and Spain by New York-based international financial scoundrels is all too familiar to anyone who recalls the events of the 1997-98 Asian financial crisis. Then, as now, hedge funds targeted a country whose GDP was largely dependent on tourist dollars – Thailand – and had fiscal problems at the time. […]

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EurActiv Network