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Read the text below in order to answer question:ASIAN CRISIS 56641

Read the text below in order to answer question:ASIAN CRISIS, TAKE TWO?As global interest rates tighten and current account surpluses begin to vanish, servicing the new mountains of public-sector debt and outstanding private debt will become critical concerns before the end of this year. East Asia's V-shaped recovery is in imminent danger of giving way to the dreaded double dip.Few analysts now foresee the type of precipitous decline witnessed in 1997-1998. There is talk instead of the Latin-Americanization of the Southeast Asian economies − meaning, in essence, that they are in danger of becoming irrelevant backwaters. But that’s the optimistic view.According to the text, the Asian decline of 1997-1998

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