Originally produced on March 20, 2017 for Mauldin Economics, LLC
By George Friedman and Jacob L. Shapiro
Spanish essayist George Santayana once wrote, “Those who cannot remember the past are condemned to repeat it,” but there is a problem with this famous and witty line. Studying history has little practical utility in averting past outcomes. We are doomed to repeat history whether we know it or not.
The value in knowing history is not that one might prevent its recurrence. Its value is that it allows you to identify those things that don’t change and that shape events… no matter the year …read more
Source: Geopolitical Futures