Very occasionally I reprint an article that may be of real wider interest. This historical summary of Britain avoiding disaster in the 1600's, by Keith Hudson (my headlines), is a 'must read' for everyone concered with the present financial crisis.
Michael Benfield
10-11-2011
Staring Financial Ruin in the Face
The likelihood is that the economies of Western Europe and America, now facing disaster, will be ultimately saved in a similar way to how the English economy was saved in 1694. Well . . . to be correct, it wasn't so much that England's economy was saved in 1694, but England's very existence as an independent nation. Continue Reading