Red Hot Cold War

1997. Riots broke loose in the streets. Years of money streaming into the Thai economy had come to a sudden end—the baht had collapsed. The economic jolt would wipe billions out of the economy. The shockwave would rattle the surrounding economies in Southeast Asia. Billionaire investor George Soros would be held as a “Satan” by the local Thai population for what it believed was his role in bringing the crisis to a tipping point. Eventually, the disturbance to the region subsided and the economies began recovery, but the path to the next potential Cold War had begun.