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William Easterly (2001). Masters of Illusion. Mortgage payments, interest earned, insurance premiums, and numerous other financial flows are recurring events that repeat at monthly or yearly intervals. Although the terms "insured my house" or "insured my motorcycle" are used commonly, they are not technically correct. These new insurance contracts allowed insurance to be separated from investment, a separation of roles that first proved useful in marine insurance. The United States and Japan alone accounted for a half of world insurance, much higher than their 7% share debt consolidation quote of the global debt consolidation quote population. patent applications in this area.
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