What were some of the reasons for Thailand financial crisis?

I am having trouble interpreting the reasonsWhat were some of the reasons for Thailand financial crisis?
If you do a web search for %26gt; 1997 Asian Financial Crisis %26lt; you'll get all the answers to your question. Here's a good place to start:

http://www.imf.org/external/np/exr/facts鈥?/a>What were some of the reasons for Thailand financial crisis?
better yet , what are some of the reasons for the USA's financial meltdown...What were some of the reasons for Thailand financial crisis?
Ask George Soros, he was behind the asian financial crisis since then.
Over-supplied of housing caused by speculation. Over borrowing in foreign currencies practically by everyone because high demand for money locally because of housing and land speculations. Some local were borrowing foreign currencies from Financial Institutions overseas and placed deposit at local FI to gain on interest differences. Plus foreign FIs were also doing the same.

The self realising effect caused the Thai baht to over-valued by almost 30% and hence the hedge funds saw the opportunity to attack and they did.