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Articles by: Dan Glazebrook

20 Years After The Asian Financial Crisis: Is History Repeating Itself?

20 Years After The Asian Financial Crisis: Is History Repeating Itself?

20 years ago this month, a run on the Thai currency triggered a financial crisis that quickly devastated the economy of the entire region, sinking the currencies of Thailand, Indonesia and South Korea and ultimately spreading as far as Russia and Brazil. Far from ‘lessons being learned’, however, history looks worryingly set to repeat itself. On 2nd July 1997, Thailand’s[Read More…]

Quantitative Easing, The Largest Transfer Of Wealth In History

Quantitative Easing, The Largest Transfer Of Wealth In History

It appears that the massive, almost decade-long transfer of wealth to the rich known as ‘quantitative easing’ is coming to an end. Of the world’s four major central banks – the US Federal Reserve, the Bank of England, the European Central Bank and the Bank of Japan – two have already ended their policy of buying up financial assets (the[Read More…]

So This Is How The US ‘Revolution’ Will Unfold

So This Is How The US ‘Revolution’ Will Unfold

In late 2012, Peter Turchin, a professor at the University of Connecticut made a startling claim. Based on an analysis of revolutionary upheavals across history, he found that there were 3 social conditions in place shortly before all major outbreaks of social violence: an increase in the elite population; a decrease in the living standards of the masses; and huge[Read More…]