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🌊 Ripple · counterfactual

What if the transatlantic telegraph cable had gone differently?

1866 · north-america

A working cable links the money and news markets of two continents in minutes.

If it had gone differently: The Atlantic economy stays ten days wide; London and New York never quite move as one market.

What it set up
  1. 1870The first globalisation, The world economy stays a patchwork of regions; no belle-époque boom, and no 1914 shock when it unwinds.

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