Episode 40: 1978 China - the emergence of an Economic Power

Railway tycoon Leland Stanford lived in Santa Clara Valley and founded Stanford University in 1891. Another prominent Stanford University figure, Frederick Terman. invested heavily in businesses that would base themselves in the area and employ talented young people. One such business was the original start-up, an electrical company started in a garage by Stanford alumni William Hewlett and David Packard, Hewlett-Packard. The beginning of Silicon Valley as an epicenter of innovation began in 1955 with the arrival of the Shockley Semiconductors Laboratory.

Another revolutionary point was reached in 1968 when Robert Noyce and Gordon Moore left Fairchild Semiconductor to form Intel.

In 1914, American Marines rob Haiti's National Bank of $500,000 in Gold Reserves at th ebehest of the National City Bank. Wall Street looks to topple FDR and replace him with a business friendly Dictator. United Fruit, now Chiquita engineers the ouster of the democratically elected Jacobo Arbenz in Guatemala.

Strategic mistakes in the Russia-Ukraine relationship or a leadership vision that led to lasting impact. This episode evaluates patterns that emerge from the learnings we've had across the previous 74 episodes. Impact from the whims of a deranged leader or the ego trip of two super powers. Some interesting patterns emerge as we traverse history.

The Panama Papers refer to the 11.5 million leaked encrypted confidential documents that were the property of Panama-based law firm Mossack Fonseca. The documents were released on April 3, 2016, by the German newspaper Süddeutsche Zeitung (SZ), dubbing them the “Panama Papers.”

The document exposed more than 140 politicians from more than 50 countries, connected to 214,000 offshore companies in 21 different tax havens. Among those named in the leak were a dozen current or former world leaders, 128 public officials, politicians, hundreds of celebrities, business people, and other wealthy individuals.

The Turing Test in 1950 established the baseline for evaluating the real intelligence of a machine. To this day, no machine or software has been able to pass the Turing test. But do the next generation of ChatBots like ChatGPT have th epotential to pass the test?

The long-range spice trade began in around 1000 BCE with the movement of cinnamon, and perhaps pepper, from India and Indonesia to Egypt. For the next 1000 years, the Arabs served as the sole middlemen of the spice trade.

In 1498, the Portuguese explorer Vasco da Gama made the first sea voyage from Europe to India, via the southernmost tip of Africa. The mission was driven by a desire to find a direct route to the places where spices were plentiful and cheap, cutting out the middlemen. This marked the start of direct trading between Europe and South East Asia.

Over half of the emigration before the 1870s was from the British Isles, with much of the remainder from northwestern Europe. As migration increased along with new transportation technologies in the 1880s, regions of intensive emigration spread south and east as far as Portugal, Russia, and Syria.

Migration to Southeast Asia and lands around the Indian Ocean and South Pacific consisted of over 29 million Indians and over 19 million Chinese. Most migration from India was to colonies throughout the British empire.

Legal immigration to the US expanded in the wake of the The Immigration and Nationality Act of 1965. Between 1966 and 1980, the average annual number of immigrants increased by roughly 150,000, compared to the yearly averages between 1952 and 1965. By 1980, 6.2 percent of the 226 million U.S. population was foreign‐​born, and 524,295 immigrants entered legally that year.

Resolution 242 passed by the UN Security Council on 22 November 1967 embodied the principle that has guided most of the subsequent peace plans aound the Israel-Palestine conflict - the exchange of land for peace.

From the Camp David Accords of 1978 to the Oslo Agreement of 1993, several peace accords were signed by the two sides, yet peace continues to elude the region.

The US entered WWI after the  Zimmermann Telegram was intercepted by the British where Germany asked Mexico to join the War against the US. US entering the War turned the tide in favor of the Allies as battle fatigue started overpowering Germany and Russia. Russia saw the Czar abdicating while Germany saw its sailors refusing to fight. The War ended with Germany signing an armistice agreement with the Allies on November 11, 1918. During the course of the war, women employment reached a peak due to labor shortage as a big chunk of the labor force was fighting on the frontlines.

On the eve of WWI, alliances galore across Europe with Germany aligned with Austria-Hungary and France aligned with Russia. All that is needed is a trigger and that happens on June 28, 1914 with the assassination of Archduke Franz Ferdinand, the heir to the Austria-Hungary throne. The alliances declare war on each but Germany ends up fighting on two fronts.

The episode explores the conditions that led to the War and the key battles in the initial days of the War, including the first major War Crime of the War, committed by the Turks within the Ottoman Empire.