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“The most important things never change—they just get ignored because they seem too simple.” — Morgan Housel, Same As Ever
“This rupture calls for more than adaptation...the old order is not coming back. We shouldn’t mourn it. Nostalgia is not a strategy. But we believe that from the fracture, we can build something better, stronger, more just.” — Prime Minister Carney, January 2026
It’s been a seemingly endless flurry of geopolitical and economic disruptions: war in the Middle East, a Venezuela intervention, tariff disputes, the Ukraine/Russia conflict, soaring inflation and a global pandemic — all within five years. As the saying goes, “history is just one (darned) thing after another."
In 1896, Washington, DC banned the introduction of cars because they threatened the livelihoods of horses. As The Washington Post reported: “The horse’s occupation, so largely taken away by reason of the use of bicycles, shall not further be displaced by horseless carriage.”
