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HISTORY / MAJOR EVENTS
TIPPING POINTS / CHANGES IN DIRECTION |
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MAJOR EVENTS WITH GLOBAL CONSEQUENCES
The macro setting for the life of everyone
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THE FIRST WORLD WAR / THE GREAT WAR
The war to end all wars
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GO TOP
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THE FIRST WORLD WAR ... THE GREAT WAR
The First World War ... The Great War ... The war to end all wars ... was a global war originating in Europe that lasted from 28 July 1914 to 11 November 1918. More than 70 million military personnel, including 60 million Europeans, were mobilised in one of the largest wars in history.[6][7] Over nine million combatants and seven million civilians died as a result of the war (including the victims of a number of genocides), a casualty rate exacerbated by the belligerents' technological and industrial sophistication, and the tactical stalemate caused by gruelling trench warfare. It was one of the deadliest conflicts in history, and paved the way for major political changes, including revolutions in many of the nations involved. Unresolved rivalries still extant at the end of the conflict contributed to the start of the Second World War only twenty-one years later.
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https://en.wikipedia.org/wiki/World_War_I
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Open External Link
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THE TREATY OF VERSAILLE
The terms of the Treaty of Versailles that ended the state of war between Germany and the Allied Powers and signed on 28 June 1919 in Versailles set the stage for the Second World War. Of the many provisions in the treaty, one of the most important and controversial required 'Germany [to] accept the responsibility of Germany and her allies for causing all the loss and damage' during the war (the other members of the Central Powers signed treaties containing similar articles). This article, Article 231, later became known as the War Guilt clause. The treaty forced Germany to disarm, make substantial territorial concessions, and pay reparations to certain countries that had formed the Entente powers. In 1921 the total cost of these reparations was assessed at 132 billion marks (then $31.4 billion or £6.6 billion, roughly equivalent to US $442 billion or UK £284 billion in 2018). At the time economists, notably John Maynard Keynes (a British delegate to the Paris Peace Conference), predicted that the treaty was too harsh—a 'Carthaginian peace'—and said the reparations figure was excessive and counter-productive, views that, since then, have been the subject of ongoing debate by historians and economists from several countries. On the other hand, prominent figures on the Allied side such as French Marshal Ferdinand Foch criticized the treaty for treating Germany too leniently.
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MARGARET THATCHER / RONALD REAGAN
Two very consequential leaders
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WHAT MARGARET THATCHER AND RONALD REAGAN HAD IN COMMON
One of the things that Margaret Thatcher and Ronald Reagon had in common was that they believed that their countries had prosperous futures ... but only if some important changes were made in the way their countries were run.
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https://en.wikipedia.org/wiki/Treaty_of_Versailles
| Open External Link
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https://en.wikipedia.org/wiki/Treaty_of_Versailles
| Open External Link
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EVENTS: FOR A NATION
EVENTS THAT CHANGE THE TRAJECTORY OF A NATION
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EVENTS: FOR THE PLACE / COMMUNITY
EVENTS THAT IMPACT THE PLACES WHERE WE LIVE
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EVENTS: FOR THE INDIVIDUAL
EVENTS THAT CHANGE THE LIFE OF AN INDIVIDUAL PERSON
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SOCIETY
A very important field of study ... but largely outmoded and increasingly wrong for the modern world
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ECONOMICS
A very important field of study ... but largely outmoded and increasingly wrong for the modern world
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ECONOMICS IS FAILING TO DRIVE EFFECTIVE POLICY
Economists identify trends ... but do little to influence policy options
Part of the problem is that the metrics of economic performance are wrong.
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WHAT ABOUT QUALITY OF LIFE
SHOULD BE LESS ABOUT FINANCIAL WEALTH AND MORE ABOUT HAPPINESS
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INEQUALITY
A GROWING ECONOMIC ISSUES SINCE THE 1970s ... COMPLETELY IGNORED BY POLICY MAKERS!
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Much more about INEQUALITY
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Open L0700-IS-SO-Inequality
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THE SECOND WORLD WAR
The Second World War, was a global war that lasted from 1939 to 1945, although related conflicts began earlier. The vast majority of the world's countries—including all of the great powers—eventually formed two opposing military alliances: the Allies and the Axis. It was the most global war in history; it directly involved more than 100 million people from over 30 countries. In a state of total war, the major participants threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. World War II was the deadliest conflict in human history, marked by 50 to 85 million fatalities, most of which were civilians in the Soviet Union and China. It included massacres, the genocide of the Holocaust, strategic bombing, starvation, disease, and the first use of nuclear weapons in history.
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https://en.wikipedia.org/wiki/World_War_II
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Open External Link
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The London Blitz
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Second World War
Hitler expected that the London Blitz would quickly break the spirit of the British. It did not. Prime Minister Churchill proved to be an exceptional leader and the resolve of the British people in the face of the Nazi aggression was impressive.
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The London Blitz ... 75 years on
The Daily Mail newspaper prepared a fascinating set of composite images on the occasion of the 75th anniversary of the end of the London Blitz on May 17, 2018
TPB Note: I was 3 years old when at the height of the blitz in 1973. Later in the war I was old enough to understand something of the destruction that was happening, but not old enough to understand that people were getting maimed and killed. Nevertheless, it has given me an intense dislike for war, particularly bombing, especially of urban areas and civilian populations. I am appalled at the widespread use of bombing in the modern world, and the relatively weak global diplomacy that has failed abysmally to control violence from both terrorists and military organizations.
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http://www.dailymail.co.uk/news/article-3579508/London-Blitz-Fascinating-pictures-then.html
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Open external link
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As it was in WWII
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Same location 70+ years later
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As it was in WWII
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Same location 70+ years later
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As it was in WWII
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Same location 70+ years later
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VOLANS BREAKTHROUGH ANALYSIS
LONG WAVE ECONOMIC CYCLES - 1800 TO 2010
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Long Wave Economic Cycles
Rolling 10-year yield on the S&P 500 from 1814 to March 2009 (%PA)
Source: Volans: Breakthrough Business Models Report, September 2016
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