Thinking the unthinkable
I have lost a lot of money in recent years by listening to the collective wisdom of the Anglo-Saxon high priests of finance on the subject of the euro. They have been universally critical, and frankly ridiculed its chances of survival. As Europe’s sovereign debt crisis has unfolded, the crowing satisfaction from these quarters has been deafening. And yet the euro not only refuses to die, but goes from strength to strength against the dollar. Maybe it is time to turn to an iconoclast to understand what is really going on.
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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