Discover and read the best of Twitter Threads about #Desiata
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THREAD: CORNUCOPIA. how far away are government and people from economic reality? @amlivemon @Halsrethink @BaldingsWorld @nglinsman @bondstrategist @DavidBCollum @jeuasommenulle @macrodesiac_
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Like everybody else, I am bombarded by messages by governments and others that they would receive money in various guises and that it should be spent wisely, or that some expense will be defrayed by someone else, "insurance" being a case in point. (2/12)
I had the luck many years back of meeting Alfonso #Desiata, one of the fathers of Italian insurance, and a phrase he told me stuck to my mind: "There is no insurance without mutuality". It's not the insurance company that covers your car: it's the other car owners.(3/12)
