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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (61831)4/13/2005 3:26:51 AM
From: Snowshoe  Read Replies (1) of 74559
 
The 1883 eruption of Krakatoa off southern Sumatra is considered by some historians to be the world's first global media event. The invention of the telegraph and creation of news services like Reuters allowed Americans "to read of the devastation over breakfast the next day," says Simon Winchester, a trained geologist and author of the 2003 book "Krakatoa: The Day the World Exploded."

Tsunamis generated by that eruption killed 40,000 on Java and Sumatra. The explosion was heard as far away as Australia and India, and threw millions of tons of ash into the atmosphere that affected global weather for years. Krakatoa's ash helped cool temperatures around the world and led to stunning sunsets in Europe and the US that captivated artists.

Late Hudson River School painters were drawn to the gaudy evening skies, and some art historians now believe the blood-red heavens in Edvard Munch's iconic painting of alienation and fear, "The Scream," were inspired by those sunsets.

In Europe, Mary Shelley penned her grim tale of Frankenstein while huddled inside that year, and her literary friend Lord Byron wrote, "the bright sun was extinguish'd..., and the icy earth swung blind and blackening in the moonless air."

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