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Northern Reflections: Repeating History

Tom Walkom writes this morning that the world economy is on the brink. As in 1931, international austerity has brought us to the tipping point:

Then, as now, the watchword among the major world economies was fiscal restraint. Government deficits were up in Canada, the United States and Europe. The overwhelming orthodoxy, then as . . . → Read More: Northern Reflections: Repeating History

Northern Reflections: Lessons From Europe

Tony Burman offers some important insights into the current situation in Europe. He suggests that there are similarities between 1912 and 2012:

No inkling yet of the Great Wars to come or which superpowers will emerge to scar the decades ahead. But there are the first feelings of foreboding that the table for this . . . → Read More: Northern Reflections: Lessons From Europe