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“Igitur qui desiderat pacem, praeparet bellum” “Let him who desires peace, prepare for war”
According to data from the Project Mars International Conflict Data program cited in “Our World in Data,” since 1800, 37 million soldiers have died in battle with 75% of that total accounted for by the two world wars: 1914-18, 1939-45. It is perhaps hard to believe in the current geopolitical circumstances that the world has […]
Why not the UK?
The UK stock market has been stuck at these levels for what feels like forever. The chart below shows how the UK stock market has broadly tracked sideways in price terms (excluding dividends) since the turn of the century. On all conventional and comparative historic measures it appears cheap: so why does it not go […]