Banking


Debt – America and the World – Economic collapse

University of Groningen EPISODE 1: Debt, a great invention is the first episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money systems developed over the years into the financial system we have today. All modern money is debt created by banks and this system has and can potentially bring us great wealth. EPISODE 2: How bubbles grow is the second episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money can be created by banks for both productive and non-productive purposes. […]

Debt

BRICS countries facing increasing political risk says Aon

Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), today unveiled its 2014 Political Risk Map which identifies an increased risk rating for all five emerging market BRICS countries. As a result, countries representing a large share of global output experienced a broad-based increase in political risk including political violence, government interference and sovereign non-payment risk. Brazil’s rating was downgraded; political risks have been increasing from moderate levels as economic weakness has increased the role of the government in the economy. This is of particular concern given this year’s World Cup and the 2016 Olympics. Russia’s […]