Post by the Scribe on Dec 11, 2021 21:03:02 GMT
The Day Capitalism Died
4,487 viewsDec 11, 2021
Heresy Financial
122K subscribers
Some people point to early 2020 as the end of capitalism in America. Some place the blame further back at the way the Great Financial Crisis was handled. In my opinion, we have to take it back one more decade and watch the collapse of the hedge fund Long Term Capital Management. As the story will tell, this was the day that when free markets began to die.