Norway’s wealth fund loses record $174 bln in first half of 2022 Tags:Europe 1 comment Unrealized gains are not gains. Unrealized losses are not losses. Both are complete fictions. Economists call them ‘bezzle’: https://carnegieendowment.org/chinafinancialmarkets/85179 Leave a ReplyYou must be logged in to post a comment.
Unrealized gains are not gains. Unrealized losses are not losses. Both are complete fictions. Economists call them ‘bezzle’: https://carnegieendowment.org/chinafinancialmarkets/85179
1 comment
Unrealized gains are not gains. Unrealized losses are not losses. Both are complete fictions. Economists call them ‘bezzle’:
https://carnegieendowment.org/chinafinancialmarkets/85179