When I recorded this, Silver was still trading at ~110$.
With Silver at Comex/LBMA trading at ~80$, still in backwardation and at a discount to China, the math says that either Silver quickly spikes back up or Comex/LBMA will be quickly drained of the silver left in their vaults
If you want to understand why India has failed to industrialize, read this interview with Ha-Joon Chang in Frontline.
Chang points out that Indiaโs business and finance elites don't want industrialization โ and that they need to be repressed for industrialization to occur.
@CianoLiam how you define as working โwellโ is completely arbitrary. isnโt it possible that different cultures may have different definitions of โattractivenessโ?
eugenics simply increases the occurrence of heritable characteristics regarded as desirable. so, how can one say that different regions did not amplify those traits that were/are considered attractive for the local culture? impact occurs as long as what's considered 'attractive' is consistent over long periods of time.