by system failure At the end of 1992, just days after Clinton ’s election as president of the US , Alan Greenspan, head of the Federal Reserve at that time, went to see the new president. The famous economist and supporter of the neoliberal economy of deregulation, warned Clinton to withdraw his campaign promises for social reform, because, as he claimed, the deficit reached a dangerously high level. Greenspan told Clinton that he should cut government spending, so that interest rates would go down and the markets would boom. He believed that markets would transform America , not politics. It was the beginning of the full deregulated market for the US and the world. The rise of computers during 90s, brought a new idea, that machines could create a stable world without the need of political intervention. Economists and bankers viewed the world as a giant economic system that now prevailed against all western governments. They believed that the way for a global economic stab