A Short Preview:
“You’re seeing a plan for basically how to financialize and make money
out of genocide and the destruction of society.”
~ Professor Michael Hudson
Business schools have long recognized the value of analyzing real-world case studies to derive lessons and solutions. This week, economist Richard Werner—a favorite of many Solari Report subscribers—returns to discuss several particularly compelling disaster capitalism case studies.
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Best interview I’ve ever seen on Solari.
Always helps to look at history through the prism of “how the money worked.”
Best interview I’ve ever seen on Solari.
Always helps to look at history through the prism of “how the money worked.”
I have worked for a Thai bank since 1999 and am very interested in the discussion about the financial crisis here. More than half of the major companies defaulted on their debts but fortunately after the crisis there wasn’t a fire sale of assets as the commercial banks and central bank worked together to keep companies afloat. There were new people running the central bank by that time. I checked to see who was the governor who put in place the disastrous policies mentioned. He was Vijit, Yale educated…surprise. He did come in for criticism for these Western inspired actions and their have been efforts to be more independent since. This article gives a bit of a summary
https://m.phnompenhpost.com/international/vijit-supinit-banker-behind-thailands-boom-years
This is good to know Bronwen. So appreciate your insights.
I have worked for a Thai bank since 1999 and am very interested in the discussion about the financial crisis here. More than half of the major companies defaulted on their debts but fortunately after the crisis there wasn’t a fire sale of assets as the commercial banks and central bank worked together to keep companies afloat. There were new people running the central bank by that time. I checked to see who was the governor who put in place the disastrous policies mentioned. He was Vijit, Yale educated…surprise. He did come in for criticism for these Western inspired actions and their have been efforts to be more independent since. This article gives a bit of a summary
https://m.phnompenhpost.com/international/vijit-supinit-banker-behind-thailands-boom-years
This is good to know Bronwen. So appreciate your insights.
To add to my comment, here is a quote from the article: “Although there were those who criticised the opening of the Bangkok International Financial Facility in 1993 as opening the channel for capital inflows, the ideas embodied in financial liberalisation were mainstream thinking that pervaded both regionally and the Washington Consensus thinking from the IMF and the World Bank”
To add to my comment, here is a quote from the article: “Although there were those who criticised the opening of the Bangkok International Financial Facility in 1993 as opening the channel for capital inflows, the ideas embodied in financial liberalisation were mainstream thinking that pervaded both regionally and the Washington Consensus thinking from the IMF and the World Bank”
Another great Solari interview and presentation. “Case Studies” was a fine subtitle which was a good reminder of their criminality and lies to revisit. I just purchased Princes Of Yen and look forward to reading.