“The best investment you can make is in yourself. The second best is putting your money to work while you sleep.” —…
The Asian Financial Crisis was a financial crisis that affected many Asian countries that had enjoyed economic progress from the early 60s-90s. The crisis raised fears about an international economic meltdown due to financial contagion.
The Russian financial crisis (also called the “Ruble” Crisis) hit Russia in August 1998. The Asian financial crisis really contributed a lot to the economic crisis and the devaluation of the ruble.