The sovereign debts increased in all the emerging market countries during the two crises, but especially during the European Debt Crisis.
By Shore's calculation, transferring a patent from a non-sovereign entity to a sovereign one would increase its value anywhere from four to ten times over.
Therefore, sovereign money would increase little the central bank balance sheet and would have no impact on its profits.
In a note to clients, Société Générale said that the connection "between bank risk and sovereign risk has increased".
The world's richest sovereign wealth fund increased its stake in major oil and gas companies to £20bn in 2014, disappointing campaigners who argue it should continue to sell off its investments in the fossil fuels that drive climate change.
Although the number of sovereign states has increased almost as dramatically as the world's population over the past half-century, the number of wars between states fell fairly continuously during the period.
WALL STREET JOURNAL Sovereign Debt Crisis Increases Tension in Short-Term Lending | Tension is growing in the euro zone's short-term lending markets as banks refuse to loan to one another, prompting fears that lenders may lose the ability to finance themselves.
Similar to Hypothesis 4, the number of countries that suffered from the sovereign debt crisis increased during the European Debt Crisis.
The battery against cash is coming from three fronts - new technologies, scepticism about the stewardship of sovereign currencies and increased enthusiasm for alternative currencies, and greater scrutiny about cash's myriad costs.
Essentially, then, our tax money has been going to the Crown in the form of the Sovereign Grant (recently increased, ostensibly to fund repairs to Buckingham Palace), which has then been siphoning it off to some of its old imperial holdings, from where it has been used to make our beloved Queen still more money by investing in firms which prey on the poorest and most vulnerable members of society.
