Commentary: Umesh Pandey
From Bangkok to Beijing, Singapore to New Delhi, all across Asia a major concern is weighing on people’s minds: is a new bubble forming in the economy?
I’m no soothsayer — I’ll leave that to more capable people in countries like Myanmar — but think about what’s been going on lately and make your own judgement.
Call me old school, but having started my career in this field a few months before the tom yum kung crisis hit Thailand with the floating of the baht on July 2, 1997, I see some similarities between what’s going on now and what was happening then.
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