Ten years before the financial crisis broke out in late 2008, Fidel
Castro had said: 'There has been an accelerated and unbelievable
growth in so-called hedge funds and the derivatives market. It is
an additional system of speculative gambling, where the players bet
anything and everything, based on sophisticated risk calculations
generated by computers, high-level programmers and economic
experts. They exploit insecurity and use the money in the banks'
savings accounts. They have practically no restrictions, make huge
profits and can provoke disasters'. This book shows Castro at his
inimitable best, tracking developments as they unfold, using his
enormous wisdom and sharp analytical faculties to unravel aspects
of the biggest economic crisis to hit the capitalist world since
the Great Depression of the 1930s.
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