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Interviewing Russell Napier: What the Asian Financial Crisis Wrought [Ep. 160]

Eurodollar University

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What Is the Difference Between Western Capitalism and Asian Values?

Asian values was something imposed upon Asia by Westerners looking into Asia. The idea that it was all go-go get him capitalism pervaded Asia and the other problem was what is Asia? I mean to the West Asia is a thing, but you know I was covering markets from Pakistan to Japan and they were all supposed to be Asia And they were all very very different. British pension fund investors had more money invested in Asia X Japan than they had in US equities because they believed in Asian economic growth. But which equity markets perform the best? Certainly not the Asians don't markets.

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