The Duran
Politics • News • Investing & Finance
The Duran is a news-media platform that advances a realpolitik position The Duran is not right, left or center. It is a media site that focuses on a pragmatic analysis of stories in the news.
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https://x.com/pritipatel/status/1999415805142847597?s=46&t=ieaYYTjo-bDrvYxweT6SLg

Just look what they are prizing. Read below of Patels post on X
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Delighted to meet Giorgia Meloni, Italian Prime Minister, to celebrate the strong ties between our two democracies, our shared Conservative values of freedom and free societies and to recognise Margaret Thatcher's indomitable legacy at the inaugural Thatcher awards in Rome.🇬🇧🇮🇹
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AI answers my question:

Yes, the financialization of the economy significantly accelerated under Margaret Thatcher, particularly after the 1986 "Big Bang" deregulation, transforming the City of London into a global financial hub through deregulation, privatization, and fostering new financial instruments, though this growth also led to increased reliance on finance and arguably sowed seeds for later financial crises.
Key Policies & Effects:
Deregulation (The "Big Bang," 1986): This monumental deregulation of the London Stock Exchange removed fixed commissions, abolished single-capacity trading (separating brokers and jobbers), and allowed foreign banks and firms to buy UK stockbrokers, opening the City to global competition and innovation.
Privatization: Selling state-owned industries (like British Telecom, British Gas) encouraged broader share ownership and brought financial markets to the public, further embedding finance in the economy.
Shift Towards Services: Thatcher's government viewed finance as a key source of national wealth, moving away from traditional heavy industry and fostering financial services as a major economic driver.
Increased Complexity & Risk: The deregulation allowed for new financial products and increased leverage, contributing to the growth of private equity and hedge funds, but also creating systemic risks that some argue contributed to the 2008 crisis.
Global Hub: These reforms cemented London's role as a leading European and global financial center, attracting international capital and banks.
In essence, Thatcher's era marked a decisive shift towards a market-driven economy where finance played an increasingly dominant and transformative role, a process known as financialization.

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US-Ukraine military alliance. Europe dismantles Trump plan

US-Ukraine military alliance. Europe dismantles Trump plan
The Duran: Episode 2412

00:52:29
Zelensky Wants US Alliance; Says No Kiev Donbass Retreat; Tense Talks; EU Backs Kiev; Moscow Unmoved

Zelensky Wants US Alliance; Says No Kiev Donbass Retreat; Tense Talks; EU Backs Kiev; Moscow Unmoved
Topic 1761

01:29:17
Fake NATO concession. Salvini, ITALY not at war with Russia. VW makes history. Elections Chile.

Fake NATO concession. Salvini, ITALY not at war with Russia. VW makes history. Elections Chile.
Topic 1907

00:37:48

So I’m sorry but this is hilarious to me.
Remember a couple of weeks ago when Lithuania told China…you better check yourself. You either do business with us or Russia. 👀

Then this happened 👇🏼

What makes it so funny is China didn’t even waste breath responding
🤣🤣🤣🤣🤣🤣🤣🤣🤣

Seriously the Baltic states are like a Seinfeld Spinoff.

Just posting this in the case that others may wish to give her a thumbs up and a sub just to give here a little support, all voices of critical thought need support in my view.

FROM RUSSIAN SOCIAL MEDIA:
I lost both my legs and my entire family in the war. There are days when I don't understand why I live or what God wants to tell me. If you're reading this, please leave at least one kind word—your support means a lot to me right now.

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June 17, 2024
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A quick commentary on the "Piss Summit"
I might not be able to upload much more or do lives for a while

My Fellow Duranianss.

Yes, it's happened again. I have been assaulted by a vicious Malware Bot Virus or whatever 911 Socks is and this thing is bad ! 

However I wanted to give you a "peace" of my mind concerning the "Piece" or piss, as Elensky calls it, as this thing fell to pieces before it even happened.

Coincidentally on the very SAME DAY  this crap happened Saudi Arabia DROPPED the US Petrodollar as a buying currency and NO ONE absolutely NO ONE is talking about this fact anywhere !!!

 

Hope to see you all asap.

 

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September 29, 2023
Locals Community Private Telegram Messaging

Locals will be sunsetting the private messaging feature throughout the Locals website. In order to keep our private messaging active we have created a private Telegram messaging group called 'The Duran Locals.'

This is a private channel open only to our Locals subscriber community. In the private Telegram group you can send a message to the group or a private message to Alex or Alexander via a direct Telegram message. 

You can access Telegram for web, desktop or mobile here: https://telegram.org/

The link for this Telegram group is below (can be viewed by community subscribers).

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