When the Laki fissure part of a volcanic system in Iceland, exploded in 1783, it generated what was described as a blood coloured sun, one of the hottest summers on record in Europe’s history and in 1784 the coldest winter in North America’s history. It was also partially responsible for the French Revolution – crop failure and ensuing poverty. Beware.
This recent eruption made my corporate finance professor Daniel travel from London to Paris via the Eurostar. Then he had to rent a car to get to Barcelona, he must have gone via the south of France, a trip I used to make a lot when I was a child, to finally catch a plane to New York. Read more