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Spain: The Regional Maginot Line?

April 14, 2011

Back in 1997, Thailand commenced its own banking crisis. The conventional wisdom was that the Thai economy was too small to affect other countries in the region. Nevertheless, the Asian crisis was soon in full swing, bringing down governments and moving from South East Asia to the whole of the region.

Source: http://www.cnbc.com/id/42583740?__source=RSS*tag*&par=RSS
 
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