Lessons from past trade wars, and what investors can do today
-
History often offers valuable insights into what we might expect as global
trade tensions escalate. While protectionist policies are often introduced
wit...
2 hours ago
My father's boss went bankrupt in the mid 70s as his company had fixed price contracts during the oil shocks.
ReplyDeleteCW,
ReplyDeleteAs a fun exercise, your readers may want to do a bit of financial history research this weekend to see which asset classes did well and poorly during the inflationary 70s.
The answer may surprise them ;)
But then, they will say last time is last time; this time its different!
So with those immortable words, they win liao lor!
LOL!
This time is Bitcoins.
Delete