The Glorious Imbecility of War
The U.S. stock market continues to lollygag along…
Nothing much has changed so far this summer… bar another new panic over Greece. (More on this in Market Insight below…)
Today, on the eve of the bicentennial of the Battle of Waterloo, we do not celebrate war. Only a fool would celebrate something so horrible. But we pay our respects to the glorious imbecility of it.
War may be dreadful, little more than a racket in many ways, but it is also a magnificent undertaking. It engages the heart and the brain at once and exposes both the genius of our race and its incredible stupidity. Continue Here
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