Russell Napier The Asian Financial Crisis 1995-98: Birth Of The Age Of Debt

22 April 2022

On the evening of April 29th at The Library of Mistakes Edinburgh, The Keeper (Russell Napier) provided a lecture on his new book The Asian Financial Crisis 1995-98: Birth Of The Age Of Debt.

Written from the perspective of someone working in finance during the period, living in Hong Kong, the book focuses on investors’ misperceptions and their consequences. These misperceptions cost investors dearly as the crisis erupted but also cost them dearly as they missed a wonderful opportunity to invest at the bottom of the equity bear market in 1998.

Russell addressed the ramifications of the Asian Financial Crisis. It argues that the rise in global debt levels to record highs was only possible given the construction of a dangerously imbalanced global financial architecture in the aftermath of that crisis. Thus to understand where the world of finance and investment is today one needs to understand the Asian Financial Crisis.

Recent lectures

Banks – a confidence trick that works… most of the time

Wed 20 March 2024

Could we get a better panel to talk about banks? Iceland banking chronicler Jared Bibler, HBOS collapse expert Ray Perman and writer on RBS turmoil…

View Lecture →

A Night Cap – Paul Kosmetatos on the Leith Whisky Bubble of 1898 at the Weekend of Mistakes

Mon 11 March 2024

We’re delighted to share this video from our recent Weekend of Mistakes at Hay-on-Wye, a joint production between The Library Of Mistakes and Hay Castle…

View Lecture →

Daniel Peris on The Ownership Dividend

Wed 14 February 2024

A must attend event for anyone interested in portfolio management, we were truly honoured to have someone of the stature of Daniel Peris visit us…

View Lecture →

The Library of Mistakes Course

Advanced Valuation in Financial Markets

The online version of our renowned course, is available for both finance professionals and nonprofessionals.

As featured in the Financial Times

In conjunction with Heriot-Watt University

twoguys
Scroll to Top