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Coin exchange crisis of 692.Byzantine emperor Justinian II refuses to accept tribute from the Umayyad Caliphate with new Arab gold coins for fear of exposing double counting in the Byzantine financial system (actual weight less, than nominal quantity), which leads to the Battle of Sebastopolis and the revolt of taxpayers who burned financial officials in a copper bull.
More: A History of the World Economy from the Iron Age to the Information Age (Hachette UK, 2020). Day, Clive. A History of Commerce. New York [etc.]: Longmans, Green, and Co, 1921. online; DeLong, J. Bradford. Slouching Towards Utopia: An Economic History of the Twentieth Century (2022) global history with stress on USA. Harreld, Donald J.
On November 9, 2008, the Chinese economic stimulus program, a RMB¥ 4 trillion ($586 billion) stimulus package, was announced by the central government of the People's Republic of China in its biggest move to stop the global financial crisis from hitting the world's second largest economy. A statement on the government's website said the State ...
The COVID-19 recession was a major global economic crisis which has caused both a recession in some nations, and in others a depression. It is currently the worst global economic crisis in history, surpassing the impact of the Great Depression. The economic crisis began due to the economic consequences of the ongoing COVID-19 pandemic.
Fuller's plan to reorganise the global economy in a sustainable way also has a critical path, which is identified in the book. Spaceship Earth. The Earth's material resources, like those of a spaceship, are finite. The book explains that early humans did not understand this, because the Earth seemed like a boundless flat surface.
"The Great Reset" was the theme of the 2021 World Economic Forum annual summit in Davos, Switzerland, scheduled for January 2021. [7] Due to disruption from COVID-19, the summit was postponed to May 2021, and again to 2022. [8] [9] The Davos 2022 theme was "History at a Turning Point", and the Russian invasion of Ukraine dominated the summit. [10]
China, for example, begins with 32.8% of global manufacturing in 1750 and plummets after the First Opium War, Second Opium War and Taiping Rebellion to 19.7% of global manufacturing in 1860, and 12.5% in 1880 (compared to the UK's 1.9% in 1750, growing to 19.9% in 1860, and 22.9% in 1880).
Pandaemonium (Jennings book) A Patriot's History of the United States; Paving Wall Street; Payback: Debt and the Shadow Side of Wealth; The Peasants of Languedoc; A People's History of American Empire; A People's History of the United States; The Point of Pittsburgh; The Prize: The Epic Quest for Oil, Money, and Power