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.
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