What we can learn from history is that we learn nothing from history

WE SEEM to have lost our grip on truth and consequences.

It’s no longer acceptable to point to inevitable negative end results of certain actions.

Pre-recession, a few voices raised the spectre of the property bubble bursting and splattering bits of the economy all over the place. The mood at the time was eat, drink and be merry, for tomorrow we’ll be even richer, so don’t be trying to frighten us.