"History doesn't repeat itself, but it does rhyme." Yes Mark (Twain), it sure looks like it...for just as in 1997 hot money flows produced what was termed at the time the "Asian economic miracle" - money put into Asia miraculously multiplied sending asset prices higher and higher... until the bubble burst. https://www.financialstandard.com.au/feed/latest?story=37490729 en-AU Copyright 2026 Financial Standard 5