Letter From Thailand: Creative Prowess

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Asia’s economic tigers are not burning bright. there is trouble in paradise. Plunging currencies and soaring debts mean that chaos and uncertainty have replaced decades of orderly economic growth.
In South Korea, four of the chaebol, the industrial conglomerates that dominate the economy, have gone bankrupt. From smoldering Indonesia, a pall of smoke swirls over the region, closing schools and factories and driving away tourists. Only a year ago, the World Bank forecast a decade of growth.



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