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Asian Financial Crisis Playing Out Again?

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Interesting article on Zero Hedge comparing the current conditions in the financial markets to what happened in the Asian Financial Crisis of 1997….

 

 

Still early to tell whether the latest market jitters will be quelled by more central bank money printing.

But the Turkish currency situation is certainly the type of event that could well spark the financial repricing that many including myself have been forecasting for years.

Stay tuned…

 

-Chris Marcus

August 20, 2018

 

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