Scenarios about 'currency crisis'
A severe depreciation of a nation's currency that disrupts economic stability and often leads to financial panic, capital flight, and market volatility. Currency crises typically emerge from unsustainable fiscal policies, balance of payment problems, or speculative attacks, and can trigger broader economic downturns, political instability, and international intervention. In alternate history scenarios, currency crises often serve as pivotal moments that redirect national trajectories or trigger cascading regional effects.
What If The Asian Financial Crisis of 1997 Never Occurred?
Exploring the alternate timeline where the devastating economic collapse that swept through East and Southeast Asia never happened, potentially reshaping global economic power, developmental models, and international financial institutions.