Tag Archives: 1980s
The Second Wave of The Depression: Hyperinflation is Likely
Center for Research on Globalization – The second wave of the world economic depression is coming soon. Larry Summers, the economics czar of the Wall Street puppet regime currently in power in Washington, recently confessed to the Financial Times in […]
Meriwether Said to Shut JWM Hedge Fund After Losses
Bloomberg – John Meriwether, who roiled global markets when Long-Term Capital Management LP collapsed in 1998, plans to shut his current hedge fund, according to a person familiar with the matter. JWM Partners LLC is closing its main Relative Value […]
Soros Says Economic Crisis Signals End of a Free-Market Model
Bloomberg – Billionaire investor George Soros said the current economic upheaval has its roots in the financial deregulation of the 1980s and signals the end of a free-market model that has since dominated capitalist countries. Liberalization of the financial industry […]
Brazil Braces for Hedge-Fund Manager Import: Alexandre Marinis
Bloomberg – Brazil’s main airports are filled with the country’s fastest-growing import: Brazilians returning home after losing their jobs in the U.S., Japan and Europe. They left their homeland for jobs in more developed countries years ago, and sent some […]
Death agony of Thatcher era
Asia Times Online – During the end of the 1970s into the 1980s, British Conservative prime minister Margaret Thatcher and the City of London financial interests who backed her introduced wholesale measures of privatization, state budget cuts, moves against labor […]