The Confederate Bond Market Explained by Stick Figures


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Bond markets were first established during the Italian Renaissance to accommodate for Florence’s extreme debt and have since affected the rise and fall of great nations and individuals throughout history.  Florence fell into extreme debt because of the wars and recognized that they could not continue fighting if they didn’t have the money for it. As a last resort, they began taxing their citizens but with an interest rate in return. The bonds were considered liquid assets and citizens were allowed to buy and sell their bonds for cash. The limits to bonds were that increasing debt required more bonds and more bonds meant their value decreased. The Bond market enabled the Rothschild family in particular Nathan Rothschild to make a fortune and gain power. The Rothschilds made their first fortune by betting on the outcome of the battle of Waterloo. The Rothschild brothers also located themselves in Paris, Frankfurt, London, Amsterdam, and bought and sold bonds depending on whether t...
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The Future of Work - Connor Morley

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The future of work in America is, like any prediction, ultimately uncertain, but there are numerous factors that are contributing to what can be predicted. Through the careful gathering of data by the McKinsey global institute, it is plain to see what jobs/lines of work are likely set to thrive and which ones might be in danger. It seems to be the trend that the jobs most in danger of displacement are the ones that are on the lower end of the pay scale. This appears to be correlated highly with jobs whose workers do not possess college degrees, as evidenced by this graph: Which shows that college degrees are more important than ever in a global economy less willing to shell out the big bucks on manufacturing and blue-collar work than ever, even though they constitute the largest portion of jobs in the world relative to other occupations, which really illustrates certain inequalities brought-on by a country exemplifying a capitalist model, such as the United States.  ...
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Hey Check This Out 12/11

 https://www.theatlantic.com/ideas/archive/2020/11/republicans-discover-dangers-selling-bunk-their-constituents/617197/ This article from The Atlantic draws the parallels between the lead up to, and the aftermath of the 1860 and the 2020 US presidential elections.  The divisions between modern day Americans and the two political parties are similarly as divided as back in the 1850’s leading up to the election of 1860 in which Abraham Lincoln (a Republican) was elected, much to the outrage of the US South; As described in the article the fiery speeches in the US Congress and toxic political rhetoric and conspiracy theories that were prevalent in the lead up to the 1860 election, which can also be said about the harsh divisions in the current 2020 political climate. In some ways, electing Obama president in 2008 helped improve race relations on some levels, or at least it opened up more dialogue about several important topics that had been ignored or downplayed for too long; i...
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