The Dutch have been referred to 'the Chinese of Europe', because both cultures have a strong tradition of and interest in trading and mercantilism. academia.edu/attachments/…
Today I learned about Navinder Singh Sarao (aka 'The Hound of Hounslow') a British guy who manipulated the Chicago Mercantile Index by 'spoofing' the market. His estimated Β£40m profit was stolen by fraudsters and he is now penniless, a motivating factor in him not being sentenced to prison time. bbc.com/news/explainers-5…
There were a few "sponsored" units in the American Civil War. The Chicago Board of Trade Independent Light Artillery, one such unit, was formed in August 1862, and swiftly followed later that month by the competing Chicago Mercantile Independent Light Battery Artillery en.wikipedia.org/wiki/Chi…
The US banned the trading of future contracts of onions in 1958. TLDR- two onion traders got greedy and basically formed a monopoly on onions. They also cornered the onion futures market on the Chicago Mercantile Exchange. They made millions. The US gov put an end to it. en.wikipedia.org/wiki/Oni…
The Olympic Exchange Theory says the Titanic did not sink. The sister ship, Olympic, was disguised as the Titanic and sank. It was an insurance scam by the owners 'International Mercantile Marine Group' controlled by J.P Morgan. en.wikipedia.org/wiki/RMS…
In Mercantile times, Venice valued their glass industry's trade secrets so much that they sent assassins to kill expatriate glass workers who assisted France in setting up their own glass industry. lantiquaire.us/mirrors-in…
During the 1950s, Liberia had the second-highest rate of economic growth in the world. By 1971, Liberia had the largest mercantile fleet in the world, largest rubber industry, was the third-largest exporter of iron ore in the world, and had attracted more than US$1 billion in foreign investment en.wikipedia.org/wiki/Wil…
West Texas Intermediate (WTI) which is the underlying commodity of New York Mercantile Exchange's oil futures contracts is also known as Texas light sweet. Light because of its relatively low density, and sweet because of its low sulfur content. en.wikipedia.org/wiki/Wes…
The Chicago Mercantile Exchange has its own hand signals for trading, including expiration months for futures contracts. pbs.org/itvs/openoutcry/t…
The world's oldest company operated in Japan from 578AD to 2006. en.wikipedia.org/wiki/Kon…
In 1910, Norman Angell (a future Nobel Price Peace Winner) published a book that propagated the view that Europe had become so economically interlaced that future war was impossible. en.wikipedia.org/wiki/Nor…

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