Year: 2021


The Afghanistan failure is history repeating itself but there may be profound consequences.

Who rules eastern Europe commands the Heartland  Who rules the Heartland commands the World-Island; Who rules the World-Island commands the world. — Halford Mackinder, Democratic Ideals and Reality, 1904 Mackinder’s thinking, still not completely outdated,  has had more influence than is often realised. It inspired Hitler’s attack on the Soviet


Fujitsu and UK scandal

I find it hard to understand the logic of anti-tobashi reasoning set out in Richard’s posting below. The logic seems to say this:  when markets collapse it may be inevitable that some banks will be reluctant to extend loans to some distressed borrowers. But so be it.  Those who cannot