Tag Archives: Financial Markets

MARKETS HAVE CRASHED, NOW WHAT?

As I am writing this article – I had just done an hour’s interview for a documentary on the Mini-bonds saga in 2008. About 20,000 investors invested an estimated a few hundred million dollars. Vulnerable investors (age 60 and above with low education) got all their money back, whilst the majority of the other investors received partial refunds. After being questioned for an hour on – why did this happen? Who was responsible? Will it happen again? – You can imagine my frame of mind as I am writing this article.

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