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

Eurodollar University

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What the IMF Was Trying to Do in Indonesia

US Treasury Department was maneuvering the IMF for what it thought would be best for who exactly? Russell Yeah, so it's great. There's a really great quote by Robert rivet on this which I'm gonna try and find as we're discussing this. Rubin wrote a basic in autobiography called in an uncertain world And this is what he said about what the IMF should be doing in Asia If the markets wanted indonesians to wear blue shirts would blue shirts become essential to the restoration of confidence My view was that by and large the markets tend to shine a spotlight on real economic problems Although they may exaggerate the importance of these problems.

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