Paul Gambles

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Last quote by Paul Gambles

Reserves can disappear very, very quickly as we found out in Southeast Asia in 1996, 1997. The key is how much debt you have and nowhere has created as much debt as quickly as China in the last few years. Everything we are seeing in China today is Southeast Asia in 1995, 1996. You're looking at exactly the same situation but with much bigger numbers and, therefore, with far, far bigger impact than we saw in Asean in 97.feedback
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Jul 03 2017 ASEAN
We found 4 articles in which Paul Gambles said something. The most recent Paul Gambles’s quote is: “What we learned in 1997 is (that) you can't control interest rates and FX rates and capital flows. If you want to have free market capital flows, you have to either let go the interest rates or let go the FX rates. China really doesn't seem to be learning that lesson at all, it wants to manage all three. The danger of repeat is in China right now.”. In addition, all sources we refer have quoted Paul Gambles 7 times. On this page, you will find all of Paul Gambles’s quotes organized by date and topic.
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