Posted inAT FinanceIndonesiaIranMalaysiaMiddle EastNortheast AsiaPhilippinesSingaporeSouth AsiaSouth KoreaThailandWorld

Did George Soros actually beat Malaysia?

Malaysia avoided the worst of the 1997 Asian crisis. By pegging the currency, imposing capital controls and propping up state-linked enterprises, the view is the nation escaped the humiliating bailouts doled out to Thailand, Indonesia and South Korea -– coming out whole and proud. This conventional wisdom is also wrong. For proof, look no further […]