Then, in July 1997, the Asian Crisis hit, and everyone looked on in horror as hot money from global hedge funds, fueled by the steroid of high leverage, brought the economies of Thailand, Malaysia and Indonesia to their knees, first creating asset bubbles when it flowed in, and then causing the local currencies to collapse when it was suddenly withdrawn.
Here, those who want to save Africa from another century of horror are, literally, in a dead heat against those who derive their power from misery and chaos.
It sounds like a scene from a horror movie -- but is in fact what passengers say happened on a Greyhound bus journey from Atlantic City to New York on Friday.
CNN: Greyhound bus ride turned into roach-fest, passengers say
Everyday we turn on the news we cannot escape the images of horror from the escalating conflict in the Middle East between Israel and the terrorist group Hezbollah.
That conclusion will probably not be lost on one other important audience: whatever secular democrats there actually are in Egypt, who must be watching with horror the dissipation of any hope for support in keeping their country from becoming the next shariah-adherent Islamist stronghold.
He proved his post-Harry Potter mettle in the hit horror The Woman in Black, but now Daniel Radcliffe has moved even further away from the role that made him famous - playing poet Allen Ginsberg in the low-budget, independent thriller, Kill Your Darlings.
In the past, the engineers would have thrown up their hands in horror and insisted on designing each new vehicle from scratch.
Throw in aftermarket sales from rentals and DVDs and many horror flicks look like cash cauldrons.
When Japan won another free-kick shortly afterwards, the Danes were clearly expecting another piledriver from Honda, but instead they watched in horror as Endo's exquisite strike curled around the wall and past the outstretched arms of Sorensen.
First though, Solovev had to deal with a young bear, about 2m tall with handsome claws, that the rangers had started calling "Freddy Krueger" in homage to the razor-clawed slasher from the horror film A Nightmare on Elm Street.
Another who has had his fair share of criticism recently is Beloki, who struggled to recover from last year's horror crash in the Tour de France before splitting with team Brioches la Boulangere just before this year's race.
For the last few weeks we have all been watching with horror the spreading oil slick from the BP oil well disaster in the Gulf of Mexico.
With the mind-blowing horror movie The Cabin in the Woods now on Blu-ray and DVD from Lionsgate Home Entertainment, new details are emerging about the making of the film.
The horror Obama has instilled in America's friends and the contempt he has evoked from its enemies have not caused him to change course.
And, having watched in horror as the power gauge flashed a warning to me on my way back into London from the M25, "recharge anxiety" looks like it may be a recurring anxiety for electric motorists.
If you're the kind of person that likes a good fiscal horror story, you'll find plenty of scary sounding numbers in today's report from the OBR on the long-term state of Britain's public finances.
Since graduating from Salisbury College of Art in 1980, Humphreys has gone on to create some of horror cinema's most enduring images.
My guess is that Ronald Reagan the national leader would express similar horror at what is happening to his beloved conservative movement as some in its ranks seek to sever from its agenda the priority "the Gipper" consistently gave to the national security.
Yes, you will hear horror stories from accountants, attorneys and financial planners about the time, expense and liability involved in setting up and maintaining your own philanthropic structure.
FORBES: Why Do Colleges And Charities Speculate With Your Donations?
Another runner, Owain Griffiths, from Cyncoed in Cardiff, said "a day of enjoyment" had descended into "unthinkable horror".
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