Is it leadership to do what all the other insurance companies already are doing? Due to worldwide low to negative interest rates rigged by the Fed, ECB and BOJ, the bond market has been destroyed as a source of income. Insurers are as a result plowing into real estate with abandon, creating a worldwide bubble that will just about burst once Elkann finishes his grand plan.
Is it leadership to do what all the other insurance companies already are doing? Due to worldwide low to negative interest rates rigged by the Fed, ECB and BOJ, the bond market has been destroyed as a source of income. Insurers are as a result plowing into real estate with abandon, creating a worldwide bubble that will just about burst once Elkann finishes his grand plan.