Seekingalpha.com - The Mad Hedge Fund Trader graduated from the University of California at Los Angeles (UCLA) with a degree in Biochemistry and a minor in Mathematics in 1974. He moved to Tokyo, Japan to join Dai Nana Securities as a research analyst of Japanese companies, becoming fluent in Japanese.

In 1976 he was appointed the Tokyo correspondent for The Economist magazine and the Financial Times. For the next seven years he published thousands of articles about the economies, companies, and leaders of every country in Asia. He was one of the first American correspondents to cover China during the cultural revolution. He reported on the American attempt to climb Mount Everest and guerilla wars throughout Southeast Asia. The major figures he interviewed included China’s Premier Deng Xiaoping, Ferdinand Marcos of the Philippines, the UK’s Margaret Thatcher, the PLO’s Yassir Arafat, and of course President Ronald Reagan.

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Tags: cultural revolution, deng xiaoping, economist magazine, ferdinand marcos, financial times, fund trader, guerilla wars, japanese-companies, marcos of the philippines, margaret thatcher, mount everest, president ronald reagan, research analyst, ronald-reagan, southeast asia, tokyo correspondent, tokyo-japan, university of california at los angeles, yassir arafat

Asia Times Online – During the end of the 1970s into the 1980s, British Conservative prime minister Margaret Thatcher and the City of London financial interests who backed her introduced wholesale measures of privatization, state budget cuts, moves against labor and deregulation of the financial markets.

They did so in parallel with similar moves in the US initiated by advisers around Reagan. The claim was that hard medicine was needed to curb inflation and that the bloated state bureaucracy was a central problem.

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Tags: 1970s, 1980s, asia times, city-of-london, conservative prime minister, deregulation, financial interests, financial-markets, inflation, margaret thatcher, measures, medicine, privatization, reagan, similar moves, state budget cuts, state bureaucracy, wholesale