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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Snowshoe who wrote (16504)3/7/2002 5:22:30 PM
From: Raymond Duray  Read Replies (1) of 74559
 
Snowshoe,

In 1423, the Emperor of China made a fateful decision. He decided to expend the royal treasury on the completion of the Grand Canal, greatly increasing internal trade in the Chinese Empire and not coincidentally relieving a famine that had hit the area surrounding the capital, in the north by assuring ample rice shipments via the canal. Were it not for bad weather, we'd most likely all be speaking Mandarin instead of English.

-Ray
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