The response to the economic crisis in Thailand and Korea in the late 1990’s was emphatic preaching about the inherent superiority of the so-called Anglo-Saxon economic model. But this vision, in turn, also became problematic, and it was unambiguously discredited in 2007-2008, amid a massive outbreak of European and Asian Schadenfreude .
20世纪90年代末，泰国和韩国所爆发的经济危机掀起了一波潮流，鼓吹所谓盎格鲁—萨克森经济模式的优越性。但如今，这个模式也搞砸了，2007~2008年的全球金融经济危机显然令它名誉扫地，这下轮到欧洲和亚洲来对英美幸灾乐祸了。