This is one of history’s most accurate indicators of a looming financial crisis

On April 15, 1185, over eight centuries ago, a powerful earthquake struck the East Midlands region of England near the town of Lincoln. Modern scientists estimate the magnitude of the earthquake at 5.0 on today’s Richter scale… which was a pretty big deal back then. Medieval England didn’t have any earthquake-proof construction methods, and much of the region was leveled to the ground. One of the structures that was destroyed was the Lincoln Cathedral. And the new bishop, Hugh de Burgundy, launched a bold reconstruction project to rebuild an even better cathedral using the latest advances in architectural design and technology. De Burgundy’s successors kept making improvements to the cathedral, … Continue reading This is one of history’s most accurate indicators of a looming financial crisis