Because if you need 10 pounds of potatoes, and Aldi only has 9, then, in a rational and transparent market, Aldi will raise the price of its potatoes to match that of Waitrose. Edit: Basically it mak… (View Post)

The world has changed. (View Post)

While it in no way justifies Putin's invasion of Ukraine, you can understand Russian anxiety about NATO expansion. Imagine if the tables were turned, and Mexico was now considering joining the Warsaw… (View Post)

Isn't that exactly what you'd expect? The rate of growth to slow in the face of diminishing returns? (View Post)

Britain's problem was that if we'd sat the war out and Germany / Austria-Hungary had won, then the continent would have ended up dominated by a powerful enemy. If France / Russia has managed to preva… (View Post)