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Tag Archives: history
Extrapolating The Recent Past Can Be Hazardous To Your Wealth
Extrapolating The Recent Past Can Be Hazardous To Your Wealth “Those who cannot remember the past are condemned to repeat it,” remarked George Santayana over 100 years ago. These words, as strung together in this sequence, certainly sound good. But how to render them to actionable advice is less certain. George Santayana – purveyor of […]
View From The Brextanic
View From The Brextanic Longtime Automatic Earth friend Alexander Aston talks about finding himself at Oxford at a point in time when the British themselves appear overcome by a combo of utter confusion and deadly lethargy, and one can only imagine what it must be like for ‘foreigners’ residing in Albion, who face large potential […]
As The Perfect Storm Approaches, Most Americans Are Partying Instead Of Preparing
As The Perfect Storm Approaches, Most Americans Are Partying Instead Of Preparing I can’t think of a time when Americans were more apathetic about getting prepared, and yet this is exactly the time when the urgency to get prepared should be at the highest. Earlier today, my wife Meranda and I were discussing the fact […]
You Can’t Stop the Cycle
You Can’t Stop the Cycle 2018’s valuation records are astounding in that they show the S&P 500 to be more fundamentally over-valued than it was at the prior two historic stock market valuation peaks in 1929 and 2000, bona fide speculative manias. – From Crescat Capital’s recent investor letter Cycles are perhaps the most natural and […]
The Depression of 2019-2021?
The Depression of 2019-2021? The profound question which transcends all this day-to-day market drama over the holidays is the nature of the economic slowdown now occurring globally. This slowdown can be seen both inside and outside the US. In reviewing the laboratory of history — especially those experiments featuring severe asset inflation, unaccompanied by high […]
The Stampede of the Gadarene Swine: US Leaders Allowing Ukraine to Pull Them into Global War
The Stampede of the Gadarene Swine: US Leaders Allowing Ukraine to Pull Them into Global War George Friedrich Wilhelm Hegel was right – Again: The only thing the human race learns from history is that it learns nothing from history. In 1914,the British Empire, largest in human history and one of the longest-lasting, charged into […]
History Is Written By The Winners
History Is Written By The Winners Who gets to write the history textbooks? Where do the history teachers learn about history? What documents are allowed into the historical record, and what documents are excluded? These are not merely academic questions, they go right to the heart of the question of history itself. Join James Corbett […]
War, Anniversaries and Lessons Never Learned
War, Anniversaries and Lessons Never Learned Photo Source NARA FILE #: 208-YE-7 | CC BY 2.0 On December 7, 1941, Japan attacked Pearl Harbor and the U.S. entered the Second World War. A war of horrors, it normalized the intensive, barbaric bombing of civilian populations. If the Spanish Civil War gave us Guernica and Picasso’s […]
Do Coins Reveal the Futility of our Times?
Do Coins Reveal the Futility of our Times? The study of coins, numismatics, has constantly expanded our knowledge of antiquity in recent decades through new discoveries which have proven so many old theories wrong and turned academics on their head when it comes to their theories. Without the consideration of the coins, many questions of […]
The Prevalence of Myth over History
The Prevalence of Myth over History Today (Nov. 9) I heard a black historian on NPR say that the “civil war” was fought in order to establish a framework for human rights. He also said that black civil rights achieved by the war were overturned by the rollback of Reconstruction, put back in place by […]
A Day of Carnage in the Trading Rooms
A Day of Carnage in the Trading Rooms Thirty one years ago today, on Oct. 19,1987, the Dow Jones Industrial Average plunged 22.6%, its largest one-day percentage-point drop ever. You may have noticed that the financial media has started to highlight the point drops as opposed to the percentages. To say the Dow lost 500 […]
The Last History of the United States
The Last History of the United States Photo Source Boston Public Library | CC BY 2.0 The words “We hold these truths to be self-evident, that all men are created equal…”, from America’s Declaration of Independence, stands as one of the finest historical examples of what Hitler, and later Goebbels, called the big lie. Hitler wrote in Mein […]
Economic Thought in Ancient Greece
ECONOMIC THOUGHT IN ANCIENT GREECE The intellectual odyssey that laid the foundations for Western civilization began in classical Greece. Unfortunately, Greek thinkers failed in their attempt to grasp the essential principles of the spontaneous market order and of the dynamic process of social cooperation which surrounded them. While we must acknowledge the important Greek contributions […]
Erasing History, Diplomacy, Truth, and Life on Earth
Erasing History, Diplomacy, Truth, and Life on Earth One of the reasons that countries fail is that collective memory is continually destroyed as older generations pass away and are replaced by new ones who are disconnected from what came before. Initially, the disconnect was handled by history and by discussions around family tables. For example, […]
Napoleon – War – Sunspots & Human Excitability
Napoleon – War – Sunspots & Human Excitability COMMENT: I love when you educate us about the weather, especially the cycles. the NAPOLEON story killed me !!! I’m a french and believe me, nobody talked in school about the weather cycles when he tried to fight Russia and lost everything. I read 3 times your chart […]
