Posts Tagged ‘introduction to stock market speculation’
The Role of Stock Market Speculation: INTRODUCTION
Strong financial convulsions that have occurred regularly since the stock market crash of 1987 (European devaluations, Baring Brothers, insolvency in Japan, Mexican tequila, Asian crisis) have popularized the interpretation of the crisis as a phenomenon primarily speculative.
INTRODUCTION
Based on the critique of “swelling of the bubble,” he calls for “discipline the financial capital” and “international control speculation.” The aim is to prevent the “healthy industrial capital” continue drowned by the “financial idleness” of the “casino economy.” It is perfectly true that financial hypertrophy has grown over the past two decades due to the crisis and the consequent migration of capital to speculative activity. But the ultimate in this field is not the magnitude of the sums at stake, as primarily private and sophisticated nature are assuming all operations. ” Read the rest of this entry »