Network of The 80s
April 9, 2011 9:38 by kippreport
The 80s was a time period that saw great social, economic, and general change as wealth and production migrated to newly industrialising economies. Many manufacturing companies relocated into other countries like Thailand, Malaysia and Mexico.
At the same time, developing countries across the world faced economic and social difficulties as they suffered from multiple debt crises. Ethiopia recorded widespread famine, which resulted in the need for foreign aid through fund raising such as the likes of Live Aid.
This is also the time of major civil uprising and violence in the Middle East including the Iran-Iraq War, the 1982 Lebanon War, the First Intifada and the Bombing in Libya.
The decade also saw the return of capitalism and laissez-faire economics in the US while the financial world and the stock market were glamorised through figures like Donald Trump, who Kipp has heard is considering running for the US Presidency in 2012.