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Has Asia learned from 1997?
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noreply@mail.bloombergview.com
DATE:
2017-06-17 09:02:58
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<20170617050258.9869818.55471@sailthru.com>
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hbiden@rosemontseneca.com
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.footer .iOSLink a { color: #666666 !important; text-decoration: none !important; } @media only screen and (max-device-width: 480px) { body { padding: 10px !important; } .one-column p, .one-column li { font-size: 19px !important; line-height: 29px !important; } }A daily digest of opinions and analysisWhy Asia’s 1997 Financial Crisis Still ResonatesThe debt-driven meltdown that ravaged a continent is 20 years behind us, and memories of collapsing currencies and fleeing investors no longer haunt the region’s leaders. But maybe they should. Michael Schuman warns that policymakers are dangerously close to repeating the mistakes that led to the Asian Contagion.U.S. Sanctions Russia; Europe Says “Ouch!”Last week’s Senate vote on sanctions was mostly popular in America — the Bloomberg View editorial board was among those giving the bipartisan effort a thumbs-up — and but the view looks darker from abroad. Leonid Bershidsky explains why some European leaders suspect the move was designed to advance U.S. economic interests at their expense.One Trump Tweet Can Shake Up the Justice Department“I am being investigated for firing the FBI Director by the man who told me to fire the FBI Director!” the American president tweeted on Friday. And with that, the foundations of a sprawling probe appeared to shift under his feet. Noah Feldman sees the missive as an attempt to get rid of a pesky deputy attorney general — and says it’s likely to succeed.Amazon Puts the Restaurant Industry on NoticeThe online giant’s unexpected offer to buy Whole Foods Market caused supermarket stocks to tumble on Friday, but the real losers might be neighborhood eateries. Virginia Postrel says the acquisition could accelerate a trend that already has the restaurant industry nervous.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsSpotify’s users are loving it to death (Vice)Stocks keep going up. Why isn’t anyone celebrating? (Reformed Broker)The Dutch have solutions to rising seas, and the world is taking note (New York Times)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg GadflyHealth-care investors are in denialAmazon thanks you for your generosityPipeline masters have turned into puppets of oil prices(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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