1997 Asian financial crisis – Thailand > Malaysia > Indonesia > South Korea > Russia debt default > Long Term Capital Managament…derivative implosion, economy on brink of collapse.
https://twitter.com/OccupyWisdom/status/1029339254030299136 What we have witnessed in Emerging Markets is simply a continuation of what we saw with Equity Vol and very briefly in Italy. It is also the part of the same thing as the Crypto and Chinese equities corrections. The Unwind is underway. Markets are beginning to normalize. — Paranoid Bull (@paranoidbull) August 13, … Read more