I start with a few thoughts about my faith, one shared with Malcolm, then about disagreeing with bearish Nigel about equities. Then to a Christmas past for myself and Big Nose in Bethlehem and to GroupThink lies about Bethlehem today. Finally to wars past, as recounted HERE, and the war being lost by Ukraine as, sadly, I predicted. I hate war so much. On that sad note, I wish you all a Merry Christmas.