These so called market movers were all members of the Clermont Club in Mayfair, London. What at first seemed to be an audacious and unrealistic strategy to take control of the market economy turned into something almost unstoppable, destructive, cruel and completely bereft of feeling or scruple.
What is so shocking is that the corruption and immorality did not start as commonly assumed in the 1980′s with the ascent of Reagan and Thatcher to power but with the beginning of the global economy in the late 1950s. There is much material shown here that should be much more discussed and explained because it depicts aptly how moribund and fragile the economies of the developed world have become.
How
they are built up on tenuous and shallow assumptions that market cycles
are no longer applicable. The greed and deception of the business elite
reaches far further and far wider than beyond anyone’s common knowledge
or understanding of politics.
2. Entrepreneur Spelt S.P.I.V. – The rise of Jim Slater who became famous for writing an investment column in The Sunday Telegraph under the nom de plume of The Capitalist.