Nematrian
/

Insurance: Just Part of the Financial Sector? [10]

Go to: Summary | Previous | Next   
Bullet points include: Financial sector participants overlap, e.g. Bank-assurers, AIG and credit derivatives, Mono-line insurers insuring bonds against credit deterioration, Money market funds, especially ones that invested in SIVs, Investment vs. commercial banking, proprietary vs. agency trading, hedge funds. Governments (and economists) also worry about inflation, and the loss of confidence in both uses of money that it can create, Especially hyper-inflation, e.g. Weimar Republic. BOTTOM LINE: from governments’ perspective, major social upheavals are often triggered by major economic and/or financial sector problems

NAVIGATION LINKS
Contents | Prev | Next | Library

Desktop view | Switch to Mobile