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Historically, the collapse of investment in the Asian crisis is the source of the savings glut.

Historically, the collapse of investment in the Asian crisis is the source of the savings glut. The fear of another crisis was instrumental in running trade surpluses and building up reserves in Asia. Reserves have now outlived their usefulness for Asian countries.

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Dumb chips - PowerPoint PPT Presentation

Historically, the collapse of investment in the Asian crisis is the source of the savings glut.