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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.