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    Asian financial crisis & Malaysian PM's remarks

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    In the midst of the Asian financial crisis, Malaysia's Prime Minister Mahathir Mohamad accused an international cabal of Jewish financiers of deliberately provoking the crisis to wreck Malaysia's economy. "Jews are not happy to see Muslims prosper," he said. Following his remarks, Malaysia's financial markets and its currency, the ringgit, plunged to record lows. Explain.

    © BrainMass Inc. brainmass.com June 3, 2020, 9:21 pm ad1c9bdddf
    https://brainmass.com/business/finance/asian-financial-crisis-malaysian-pm-s-remarks-178703

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    Financial markets are not the United Nations or the Third World organization of nonaligned nations. They don't tell you that you have a point, or ...

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