7min chapter

The Compound and Friends cover image

Reverse Ponzi Scheme

The Compound and Friends

CHAPTER

Reflections on the Asian Financial Crisis

This chapter features a playful yet insightful discussion about the 25th anniversary of the Asian financial crisis, sparked by the devaluation of the Thai baht. The speakers analyze the effects of this historical event on various Asian markets, government policies, and personal anecdotes, emphasizing lessons learned in finance. They also touch upon contemporary economic parallels while maintaining a light-hearted tone throughout the conversation.

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