‘As an act of crass stupidity, this has rarely been equalled’ | Will Hutton http://gu.com/p/342hb
The Economist | Asset returns: I wouldn’t start from here http://www.economist.com/node/21532276?frsc=dg%7Cb via @theeconomist
I am currently reading Niall Ferguson’s book, Civilization: The West and the Rest. For anyone interested in a concise summary of the history of the human race for the past six hundred years – Look no further. Time and again Ferguson reinforces the point that the only way we can anticipate the future or a series of likely future scenarios is to study the past. History does repeat itself! This applies to Financial Markets and Wars alike.