Date in year · 1997 · The 1990s
On October 27, 1997, the 1997 Asian financial crisis causes a crash in the Dow Jones Industrial Average. The year's #1 song was "Candle in the Wind 1997" / "Something About the Way You Look Tonight" by Elton John. Asa Butterfield, Álex Palou, Claire Wineland would arrive in the same year.
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Year
1997
1990s
Featured · October 27, 1997
The 1997 Asian financial crisis gripped much of East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid, and worries of a meltdown quickly subsided.
Around 1997
1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar, the 1997th year of the Common Era (CE) and Anno Domini (AD) designations, the 997th year of the 2nd millennium, the 97th year of the 20th century, and the 8th year of the 1990s decade.
What happened
Regional financial crisis that struck East and Southeast Asia in 1997–1998
The 1997 Asian financial crisis gripped much of East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid, and worries of a meltdown quickly subsided.
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The class of 1997
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