| Description |
1978 – Wall Street has been taken over by a new generation. The flood of petrodollars has elevated US banking to an indomitable position. Luxury hotel rooms, fine dining and attractive company is the life of those who jet around the globe selling loans to developing countries eager to borrow, and there are plenty – Mexico, Brazil, Argentina…
But the writing on the wall tells a different tale. It tells of the overwhelming recklessness of the banks, of borrowing countries struggling to repay their debts. And before long, an unthinkable nightmare starts to be made reality. |
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