Dr. Enzio von Pfeil

www.enziosclock.com Location-Channel: CNBC Day and Date: Wednesday, 4th July 2007 Hong Kong Time: 16:40 Show Notes: On the Asian Crises Have countries learned from the crisis? I think they have. But I have not found a convincing reason why we had the crisis in the first place - this is the definition of chaos!. Why was it that the Thai baht caused Asia to fall eludes me. I think the Thai baht was pressured because of the hedge funds - but why "contagion" followed remains unclear.

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