Market Wrap offers a summary of this week’s interesting market events and major economic news from financial risk-management expert Clemens Kownatzki.
When in 1992 Francis Fukuyama published his best-seller The End of History and the Last Man, he made the case that the success of Western Liberal Democracy was going to sign the end of man’s evolution toward its final form of government and so mark the end of history. The book made me chuckle then … Continued
Davide Accomazzo, MBA The financial turmoil of the last eighteen months has brought to everyone’s attention the problems and dichotomy of our present monetary and financial systems. While we are now dealing with the consequences of too much credit, it is also important to note that a system without credit (and—much to the delight of … Continued