March 1, 2009
General
I’m not quite old enough to remember the McCarthy era but reading the history, it strikes me as an intense period of collective government sponsored insanity. Such is the way I read the uproar over Sir Fred Goodwin’s £693,00 pa pension. It really doesn’t matter who is/was right/wrong in signing off on the deal that [...]
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December 12, 2008
General
McKinsey has documented events following major recessions in the US since the 1770′s. (see image above) It’s an interesting take suggesting that all major recessions lead to both significant increased regulation combined with social unrest and/or war: History provides three clear lessons: first, reforms followed every major US financial crisis that led to an economic [...]
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