Alphaville is coming to perform in the summer. They are known for songs like "Forever Young" and "Big in Japan" from their 1984 album. That same year, China reached an agreement with the US and UK on the handover of Hong Kong to China in 1997, allowing competition and free enterprise for economic recovery; the Soviet Union withdrew from the Los Angeles Olympic Games; the US and the Vatican resumed diplomatic relations after 116 years; Reagan was elected president, and Reaganomics began. Reagan's economics, known as "Supply-Side Economics," was a neoliberal approach that promoted economic recovery through tax cuts, money supply control, balanced budgets, and deregulation. The Volcker Step, following a recession triggered by shock interest rate hikes, saw inflation rapidly subside as oil wells were brought online, increasing energy supply, and growth was achieved through lower taxes.

Duran Duran's "Wild Boys," Laura Branigan's "Self Control," Modern Talking's "You Can Win If You Want," Queen's "I Want To Break Free," Scorpions' "Still Loving You," Stevie Wonder's "I Just Called To Say I Love You," Tina Turner's "What's Love Got To Do With It," and Wham!'s "Wake Me Up Before You Go Go" were all songs from that same year. Thatcherism was perhaps similar to Reaganomics, but the music world was definitely in favor of a hit supply in 1984. While Thatcherism clashed with unions, implemented budget cuts with high social costs, carried out massive privatizations, and expanded the financial sector, Reaganomics increased defense spending and widened the budget deficit.

In the early 1990s, the USSR collapsed, the two Germanys reunited, globalization began, and emerging markets emerged. Neoliberalism was now completely unopposed. A global market had been created to finance budget deficits and export inflation. In 2000, with the collapse of "dot.com," interest rates fell to Keynesian Liquidity Trap levels to finance the spread of high technology, and liquidity began to circulate from market to market. Asset bubbles rapidly increased the number of money barons. With the Euro, introduced against the dollar between 1999 and 2002, central banks of developed economies began to fund their treasury deficits more quickly. While debts were eroded by inflation through financial repression, the resulting liquidity initiated the end of neoliberalism with the 2008 Lehman Brothers crisis.

The "Beijing Consensus," with its own "Chinese Model," saw China replacing "Big in Japan" as the world's supplier, and the Fed's portfolio of unsold US Treasury bonds was being replaced by mines in Africa, companies and ports in the EU. Russia, meanwhile, strengthened its reserves after 2014, primarily with export revenues from the EU, and accumulated gold instead of dollars. Like Bush, who fainted in Japan in 1992, Trump, realizing that the trade deficit he had created with the Far East was setting a trap for him with his own liquidity, targeted China in his first presidential election manifesto. With the Yuan and Ruble replacing the dollar in Russia's energy trade with the EU, and with Warren Buffet's statement, "If we sold a Coca-Cola to every Chinese person," China, the last market for neoliberalism, had become the dominant force in the global market, putting the "Washington Consensus" offside.

The Russia-Ukraine conflict after 2022, the EU's sanctions on Russian energy sales, and the embargo on Venezuelan oil tankers in response to Taiwan, should be interpreted in this light. In Argentina, the transition to democracy, following the Falkland Islands War of 1982 and the high external debt, financial liberalization, and fixed exchange rate regime of previous periods, ended with a financial collapse in 1984. The price of those days is being paid by those lithium-rich neoliberal policies, which Milei is now trying to achieve through miracles. In the so-called free market of the EU, the Netherlands seized a Chinese chip manufacturer, while the EU Council was discussing a loan to Ukraine in exchange for seized Russian Central Bank assets. UBS-Credit Suisse merged over the weekend, bypassing the general assembly.