Cutting Edge introduction: The tipping-point for leverage

tipping-point-balance

When proposing that the revolutionary war debts of the newly victorious United States should be taken on by the federal government in 1790, secretary of the Treasury Alexander Hamilton argued borrowing, “if not excessive, will be beneficial to the national interest”. What, though, counts as excessive?

Hamilton was later killed in a duel by vice-president Aaron Burr, but striking the right amount of leverage for a given position is a challenge that lives on. The leveraged positions built up by

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: