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Less reliance on interest rates and currency appreciation to control inflation.
FORBES: Economists Bemoan Brazil Interest Rates to Central Bank
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The reliance on low interest rates to spur activity was exemplified in the weekly MBA mortgage activity indices where a challenged housing market failed to spark either purchase or refinancing activity despite a slide in borrowing cost last week.
FORBES: Bonds Bruised By Bernanke Tease Of QE3
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If so, then we take one course for now and when the crisis is over, we can revert back to self-reliance and shameless pursuit of selfish interest.
FORBES: Is This Election A War For America's Soul?
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India's Reliance Industries and Dow Chemical showed some interest but retreated.
ECONOMIST: Akzo Nobel and Henkel move to buy ICI and divide the spoils
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Maybe Chesapeake can interest Indian billionaire Mukesh Ambani, whose Reliance Industries already made two deals in the Marcellus this year.
FORBES: Billionaire Makes $400 Million On Marcellus Gas Stake
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Yet Martin Kauer, chief financial officer of Converium, a Swiss reinsurer, thinks an over-reliance on bonds might be dangerous too, if interest rates rise again.
ECONOMIST: European insurers
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According to one person familiar with the situation, Mukesh has expressed interest in leasing fiber-optic cables from Anil's firm, Reliance Communications Ltd.
WSJ: Mukesh Ambani Plans Huge 4G Wireless Network in India
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But while Immelt has taken major steps toward shoring up the company's balance sheet, including slashing its reliance on short-term commercial paper and reducing risky real estate loans, GE is still vulnerable to rising interest rates and unwelcome scrutiny from regulators.
FORBES: Industrials