ISDA AGM - Michael Rees speech - Learning from crises

Special Report

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If we were sitting here in 1980 - by the way, that was 25 years ago - what would we be seeing? Here in Singapore, it was a period of adjustment. Southeast Asia had just emerged from the shadow of the Vietnam War, which ended in 1975, and Singapore was just making its inroad into electronics manufacturing.

In China, 1979 saw the first ever visit by a Chinese leader, vice-premier Deng Xiao Ping, to the US wearing a Maoist suit and a cowboy hat - a symbol of China reaching out to the West, after

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