3 lessons too: Financial tsunami

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The financial crisis as tsunami: No, it was not the real estate bubble

Although media and politicians are very busy telling us something else, the financial crisis did not break in surprisingly. She also did not start with the real estate bubble in the US, as everywhere. Their origin is much, much farther back, their destructive power is much greater than imaginable and so far assumed. No one speaks about it. I do it. Read more

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