Open-ended mutual funds invested in higher yielding but illiquid corporate bonds, whilst offering same day redemption are a big run risk! In March 2020 the panic arrived. Part I of a new series here:
adamtooze.substack.com/p/chartbook-ne…
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Hang on … Kandinsky was an economist before became a world renowned artist???? And he was also the uncle of
Hang on … Kandinsky was an economist before became a world renowned artist???? And he was also the uncle of Russian-French philosopher Alexandre Kojève (1902–1968).