Sarajevo Is The Fulcrum Of Modern History: The Great War And Its Terrible Aftermath

Saturday, June 28, 2014
By Paul Martin

by David Stockman
ZeroHedge.com
06/28/2014

One hundred years ago today the world was shook loose of its moorings. Every school boy knows that the assassination of the archduke of Austria at Sarajevo was the trigger that incited the bloody, destructive conflagration of the world’s nations known as the Great War. But this senseless eruption of unprecedented industrial state violence did not end with the armistice four years later. In fact, 1914 is the fulcrum of modern history. It is the year the Fed opened-up for business just as the carnage in northern France closed-down the prior magnificent half-century era of liberal internationalism and honest gold-backed money. So it was the Great War’s terrible aftermath – a century of drift toward statism, militarism and fiat money – that was actually triggered by the events at Sarajevo.

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