Category Archives: Economics

£8.4bn down the drain: Nuclear submarines

£8.4bn down the drain – YouTube

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An unambiguous advert

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Sir Francis Drake’s Piracy and 400 years of Compound Interest

For I trace the beginnings of British foreign investment to the treasure which Drake stole from Spain in 1580. In that year he returned to England bringing with him the prodigious spoils of the Golden Hind. Queen Elizabeth was a considerable … Continue reading

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The strategic use of ‘Fear’: Iran 2026

The USA is spending billions of dollars in the Iranian war.1 Strategic fear comes more-or-less free. Like all strategies it requires management. The Mafia knew this long ago, and immortalized it in the phrase, “I’m going to make you an … Continue reading

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Bezos and Musk compete again

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Is a McDonald’s burger food?

“There have been a lot of online videos and photos touting the fact that when left out for an extended period of time, a McDonald’s hamburger does not rot and that this is because they are laden with chemicals. The … Continue reading

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Capitalism is shameless

Philip Morris is the largest tobacco company in the world. “In July 2021……[they] agreed to buy Vectura Group for £1.1bn – a company that, at the time, made most of its £200m revenue from a portfolio of products to treat … Continue reading

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War Studies: Trump’s War of Choice, Iran 2026

“I’m going to make you an offer that you can’t refuse” The Godfather 1972 Don Corleone knew exactly what he wanted and how to get it. Trump is a nincompoop who barges into situations with the subtly of a train … Continue reading

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Gambling and the Stock Market

Introduction Many managers are little better than gamblers who are adept at strutting their stuff convincingly and looting their companies. Sometimes they get lucky and add value, but many destroy shareholder investments. The history of the FTSE is littered with … Continue reading

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Victims of Trip Advisor strike back

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