Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed.
The aircraft that blew up the World Trade Center in New York and the Pentagon in Washington conveyed several messages to the world, of which one of t… - James Buchan
The aircraft that blew up the World Trade Center in New York and the Pentagon in Washington conveyed several messages to the world, of which one of t…
- James Buchan
Economists, like royal children, are not punished for their errors. - James Buchan
Economists, like royal children, are not punished for their errors.
Life without oil, in fact, would be so different that it is frightening to contemplate. We are addicted, and it is no comfortable addiction. - James Buchan
Life without oil, in fact, would be so different that it is frightening to contemplate. We are addicted, and it is no comfortable addiction.
Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required. - James Buchan
Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required.
Even before he came to power in 1997, Gordon Brown promised to change the accounts to parliament from simple litanies of cash in and cash out, to a m… - James Buchan
Even before he came to power in 1997, Gordon Brown promised to change the accounts to parliament from simple litanies of cash in and cash out, to a m…
To give money to a woman - and here I must speak as a man - is to deny her special quality, her irreplaceability, and reduce her unique amiability to… - James Buchan
To give money to a woman - and here I must speak as a man - is to deny her special quality, her irreplaceability, and reduce her unique amiability to…
Cause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of securi… - James Buchan
Cause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of securi…
Ever since the destruction of Baghdad by the Mongols in 1258, the Muslim world has been in slow decline relative to the west. With Napoleon's invasio… - James Buchan
Ever since the destruction of Baghdad by the Mongols in 1258, the Muslim world has been in slow decline relative to the west. With Napoleon's invasio…
Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-… - James Buchan
Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-…
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