Company: FINSER International Corporation
Location: Miami, FL United States
Notable Member 55 more words
Tags » Sovereign Bonds
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The 2008 crash was a warm up.
Many investors think that we could never have a crash again. The 2008 melt-down was a one in 100 years episode, they think.
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Playing monetary games has done nothing to eliminate moral hazard.
If we step back and look at the past six years since the global financial meltdown of 2008, we see that in terms of financial and political power, nothing has changed–and that’s the problem.
The year 2008 proved to be a landmark in Europe’s economic meltdown, a year in which policy makers began to realise the true losses on loans advanced by banks across peripheral Europe. 916 more words