1997 Asian financial crisis

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Science and technology

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What Wikipedia says

A financial crisis gripped much of East and Southeast Asia during the late 1990s. It began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion.

Excerpt from the Wikipedia article “1997 Asian financial crisis”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Original: Max Roser, Low vision version: Angkun-ane, CC BY 4.0, via Wikimedia Commons.