Vol. XXXVI
A Short Course in History (A reprint of Vol. XXIV, Art. 26 … Three years ago today)
Up until two years ago, shipping lines – and international financiers as well – were spending money like drunken sailors on unspeakably large container ships. It was like there was no tomorrow. A friend of ours – let’s call him “Boysie” – reminded us that breaking even on each trip isn’t the main concern of…
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