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Cameron Waugh
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Lessons from Babylon the Great

- Philip Judge - Anglo Far East

Was it not Iran (modern Persia) that successfully by-passed the FRN in a gold for oil trade ?
"The ancient city of Babylon had been a monument to the high achievement of modern man. It boasted fortification and strength, military-might and wisdom in design, yet at its core was a dependence on a fragile system, and as a result the city fell to the enemy without a fight."

Commented 3650 days ago

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Beginning of the headline :A large city in the desert, its lifeblood was the Euphrates River on which it was built. The Euphrates watered its gardens and guaranteed... Read More

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