Scott Bessent was in his early thirties, working at Soros Fund Management, when the Asian financial crisis tore through currency markets in 1997 and 1998—a crisis he said was triggered, in part, by an overly weak yen. He was in his late twenties, working under George Soros and Stanley Druckenmiller, when they shorted the British pound and “broke the Bank of England” just a few years earlier.
READ MORE: https://fortune.com/2026/08/04/scott-bessent-hedge-fund-currency-japanese-yen-national-debt/
