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The Lexus And The Olive Trees
Beginning of paper
: The Lexus and The Olive Tree
Summary: Opening Scene: The World Is Ten Years Old.
“ The trouble spread to one continent after another like a virus.” USA Today
On December 8, 1997, the government of Thailand shut down 56 of their countries finance houses. These finance houses borrowed heavily in U.S. dollars and lent those do .... Middle of paper
.... make anything of value. Without much of a growing economy, the Russian government became dependent on taxes from crude oil and other commodity exports to fund its operating budget.
The hedge funds – the huge unregulated pools of private capital that search the globe for the best investments – were the transmission device from Russia to all the other arising markets in the world, particularly Brazil. The declines in Braz ....
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Number of words: 2343
Number of pages: 9 (approx. 250 words per double-spaced page)
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