25 February 1986: 'People Power' topples Philippine president Ferdinand Marcos

Mass opposition to Philippine dictator Ferdinand Marcos ended his 21-year reign on this day in 1986, and brought Corazon Aquino to power.

President Ferdinand Marcos had been in power in the Philippines since 1965. First he was elected, then, when democracy became too much of a bother, he used force, declaring martial law in 1972.

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Ben Judge

Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.

Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. 

As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.