Monthly Archives: March 2014

Property Insurance: One of the first to go

Insurance companies are heavily dependent upon continued growth in the value of financial assets; they take customer’s money (premiums), invest it in financial assets and use the proceeds to pay out future insurance claims. If those financial assets do not … Continue reading

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Euro crisis or Argentina/Iceland/Malaysia: Which will be the model for future crises?

Any country that joins the single European currency immediately gives up control of its monetary policy and its exchange rate. With exchange rate risk seemingly removed, interest rates in many of the countries deemed previously to be of higher risk … Continue reading

Posted in Alternatives, Economy, Finance, Society | 1 Comment