Daily Archives: September 5, 2011


> An interesting graph on the front page of the Financial Times shows the turbulent history of Britain’s 20th century finances through the yields of UK Gilts. The graph serves to illustrate the relatively benign treatment of the UK’s current sovereign debt. Whilst Britain is hardly in the most robust fiscal condition it is being compared to the Eurozone and the USA. A decisive government decision to […]

>Gilty secret


Ferdinand Foch was undoubtedly the military colossus of the western front in the First World War. He rose through the ranks of command in the French Army, becoming first Chief of the General Staff and then Supreme Commander of the Allied Armies with the title of Généralissime.   Together with General Haig he planned the Great Offensive of September 1918 which triggered the collapse and defeat of Germany. […]

The disappointments and prophecy of Généralissime Foch