Take out the accidents, mistakes, and miscalculations, and not much military history would remain. What was Napoleon’s attack on Moscow if not a giant, boneheaded error? Adolf Hitler might have thought that mechanised transport made it possible for him to succeed where Gustavus Adolphus and Napoleon Bonaparte had failed.
ASX inches higher on Monday. BNPL firms Sezzle and Zip surge on news Sezzle has recorded its second consecutive profitable month.
In today’s Daily Reckoning Australia, half of Australia’s journalists are worried about declining demographics. The other half are worried about the negative impacts of immigration. If only they could all meet over coffee to do the maths and rejoice at the conclusion: Thanks to an endless supply of willing immigrants, Australia is one of the few countries that will avoid a sovereign debt crisis caused by demographics.
Coal giant Whitehaven expects record earnings for 1H 2023 with high production rates and surging coal prices.
In today’s Daily Reckoning Australia, we’ve been at the edge of our seats for a long time, waiting for the corrupt economic system to face its reckoning. And I’ve been saying for over a year that things are turning around to a point where we’re finding out that we’re on the right side of history. It’s difficult to foresee exactly how things will play out. But it’s prudent to prepare for a rough ride ahead. And I know just the man that can help you with that…
Today, almost everywhere, public pension programs are underfunded. Almost all the world’s governments are deep in debt. GDP growth rates have slowed to a crawl. Productivity — under the weight of so much social welfare regulation — is failing. And populations are peaking out.at…
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