Encyclopedia > Asian financial crisis

Article Content

Asian financial crisis

The Asian financial crisis or Asian flu was a financial crisis that occured in 1998. Uncertainty in the Brazil caused western investors to pull money out of East Asia which caused the value of property and stocks in those countries to take a steep fall.

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

East Islip, New York

... and 3,731 families residing in the town. The population density is 1,322.5/km² (3,428.5/mi²). There are 4,661 housing units at an average density of ...