Austria: Crash Instead of Cash (tags)
In 1978 the Bretton Woods system broke down since the US abandoned the key function of the US dollar to print money to finance the Vietnam War.. The liberalization of the financial markets started a mechanism in which the worldwide population loses.
Dislocations and Crises (tags)
Liberalization of the finance markets started a mechanism where the broad mass of the world's population lost. Only a few conglomerates and wealthy persons are winners.