Histomap: Visualizing the 4,000 Year History of Global Power

This histomap, created in 1931 by John B. Sparks, is probably one of the most interesting bits of info you’ll probably come across in a while and serves as a good break from today’s politics.

 

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Imagine creating a timeline of your country’s whole history stretching back to its inception.

It would be no small task, and simply weighing the relative importance of so many great people, technological achievements, and pivotal events would be a tiny miracle in itself.

While that seems like a challenge, imagine going a few steps further. Instead of a timeline for just one country, what about creating a graphical timeline showing the history of the entire world over a 4,000 year time period, all while having no access to computers or the internet? Continue reading

Poland and Germany should unite, says Lech Walesa

For those that follow Bible Prophecy, this could yet be another eye opener. Daniel 2:40 – 43 comes to mind: Iron mixed with clay. This is what the upcoming United States of Europe looks like, which is a mix of countries that have so many cultural/social/economic differences, yet continue an attempt to unite — which is led by none other than Germany, the economic powerhouse of the EU, or the Fourth Reich.

Lech Walesa has called for Poland to unite with Germany to form one European state, despite the bloody history between the two countries.

The Nobel Peace Prize winner and former Polish president, whose Solidarity trade union played a key role in bringing an end to the Cold War, said the world had changed and needed new ways of organising itself.

“We need to expand economic and defence co-operation and other structures to create one state from Poland and Germany in Europe,” he said. Continue reading

Risk of 1937 relapse as Fed gives up fight against deflation

The US Federal Reserve has jumped the gun. It has mishandled its exit strategy from quantitative easing, triggering a global bond rout that it did not anticipate, and is struggling to control.

It has set off an emerging market shock and risks “blowback” from a fresh spasm of the eurozone debt crisis, and it is letting all this happen at the same time, before the US economy is safely out of the woods.

It has violated its own counter-deflation strategy, tightening monetary policy even though core PCE inflation has fallen to the lowest levels in living memory and below levels deemed dangerous enough in the past to warrant a blast of emergency stimulus. It is doing so even though the revival of bank lending has faded.

The entire pivot by the Federal Open Market Committee is mystifying, almost amateurish, and risks repeating the errors made by the Bank of Japan a decade ago, and perhaps repeating a mini-1937 when the Fed lost its nerve and tipped the US economy into a second leg of the Great Depression. “It’s all about tighter policy,” was the lonely lament by St Louis Fed chief James Bullard. Continue reading