2min chapter

Behind the Bastards cover image

It Could Happen Here Weekly 85

Behind the Bastards

CHAPTER

The Soros Fund's Speculation in Southeast Asia

Thai government spent months using Bank of Thailand reserves to buy Thai bot when it finally ran out in early summer 1997. The value of the bot plunged 32% against the dollar and millions of people lost their livelihoods. Soros fund made 750 million dollars.

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