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Financialization, deregulation and securitization transactions
Before the 1980s, banks couldn’t use people’s deposits as collateral for investments. Banks were not allowed to use their customers’ deposits to invest them. Up until the early 1980s, when you owned a share in a company, a building or a field and wanted to buy or sell other shares, the state levied transfer duties.…
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Dinosaur on the road
– Oh! There is still something we’d like to tell you … – Ah? – Nothing serious. It’s just that the police came to school to explain how to be safe on the road to the children. They explained the signs, how to cross the street … That sort of thing. When they finished, they asked if there were any questions. – And…