
It Could Happen Here Weekly 85
It Could Happen Here
00:00
The Pros and Cons of Doing This to the British Economy
In 1997 Soros brings in some economists. A minio Fraga like Roddy Joe's David Colwitz. They realize very quickly that Thailand is fucked. The Thai government the bot needs to devalue change your policy now before currency collapses devastating for your people. Instead it 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 a Thai people lost their livelihoods. But then he doesn't the Thailand. And that is a lot less justifiable. Do you know what we can promise about about trying to services 23 minutes in? You're welcome, Dan.
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