Some observations. 1. For 1500 years the maximum size of cities was capped at around 450,000 inhabitants. 2. China has always had a massive population advantage over the rest of the world – this advantage remains today. Although whether it is always an economic advantage can be questioned. 3. By 1900 you can see the…
Someone dropped this list into my inbox. To steal a line from Churchill, never before in the history of human endevour have so few been paid so much for so little. • Lehman Brothers Chairman and CEO Richard Fuld Jr. sold nearly a half-billion –$490 million – from selling LEH stock in the years before…
I thought it would be instructive to look at the relative performance of commodities over select time frames and then to look at this in the wider context. For those not familiar with the CRB Index it is a weighted commodity index with the predominant weighting being energy related issues such as crude. This weighting…
Someone dropped this list into my inbox. To steal a line from Churchill, never before in the history of human endevour have so few been paid so much for so little. • Lehman Brothers Chairman and CEO Richard Fuld Jr. sold nearly a half-billion –$490 million – from selling LEH stock in the years before…
I thought it would be instructive to look at the relative performance of commodities over select time frames and then to look at this in the wider context. For those not familiar with the CRB Index it is a weighted commodity index with the predominant weighting being energy related issues such as crude. This weighting…
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