Published on: November 10th, 2016 • Duration: 48 minutes
Financial historian and independent research strategist Russell Napier thinks investors and financial professionals need a greater understanding of financial history, so much so that he built a ‘Library of Mistakes’ in Edinburgh, dedicated to the subject.
Without understanding financial history, it’s impossible to forecast government intentions, which he says, with political paralysis in Europe, could result in financial repression, including capital controls, as central banking just isn’t working.
