speculative capital, n.All

Speculative capital (n.) went ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠from a tenth of international capital in 1970 to nearly all of it by the 1990s — trillions free to flee any economy and overwhelm any government.