๐ฉโ๐พ Contributions by @ryan at [[2022-01-29]]
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๐ daily/20220129.md by @ryan โ raw
20220129
- the great divergence, when the backwater of Europe overtook the Muslim world
- the thing that changed the power relation between monarchs and financiers was public debt and interest bearing debt, which was pioneered in Spain
- Spain could pay for this because of their new world conquests
- Luther became popular because he found he was very suited for the medium of printing, which was good news for printing companies
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