Fiat Lux Pacem is the weekly of KO's Peace for NWO. University, published every Monday at 00:00 Israel Time (IST). its purpose is to suggest an answer to a purely rhetoric question: How one can preempt the economic and financial consequences of irrational exuberance now? I offer here to our prospective students analysis and ressources in finance, economy, fun media stuff, and indication about the symbolism of the NWO [New World Order].

KO's Peace for NWO. is a privatly held reinsurance company whose purpose is to offer, for a very small premium, catastrophic financial reinsurance coverage which includes preemption of the economic and financial consequences of irrational exuberance now.

Our company will propose its insurance policy as soon as this one will appear evident to the general public. What practical man would now buy coverage against a potentially catastrophic, very low probability event?

As soon as that irrational exuberance will be evident to the general public I will make my commercial proposition in Fiat Lux Pacem and to our target audience. Much as we might wish otherwise, and by definition, predicting the timing of the burst of the asset price bubble and the end of irrational exuberance is mission impossible indeed. I do think the most relevant likely reason why we are dealing with what we are dealing with are new forces ... in the international market, their nature and their behaviour is not something we are going to fully understand, if ever; certainly except in retrospect.

KO's Peace for NWO. is not publicly traded, as such and by law we are forbidden to offer stocks to the public. Our annual closed door board meeting takes place on March 8th . In order to avoid repeating my mistake in presuming that the self-interest of KO's Peace for NWO. employees, were such as that they were best capable of protecting their own shareholders and their equity in the firms we holds informal meeting in our collaborative virtual bord room in order to monitor their activities. At the end of our board room meeting, on March 9nth, we hold our general assembly of our stock holders.

It is the opportunity for our chairmwoman to make ground breaking announcements.

"But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

And how do we factor that assessment into monetary policy? We as central bankers need not be concerned if a collapsing financial asset bubble does not threaten to impair the real economy, its production, jobs, and price stability.

Indeed, the sharp stock market break of 1987 had few negative consequences for the economy. But we should not underestimate or become complacent about the complexity of the interactions of asset markets and the economy. Thus, evaluating shifts in balance sheets generally, and in asset prices particularly, must be an integral part of the development of monetary policy."
Chairman Alan Greenspan