Here's What Happened The Last Time "Unemployment", "Taxes", & "Inequality" Were So Correlated

Tyler Durden's picture

While social unrest has been a thing that occurs "over there", the increasing visualization of people taking to the streets in the face of desperate economic situations amid an elite class of politicians, dictators, and tyrants is becoming clearer by the day. As the following chart shows, across 500 billion words in over 5.2 million books, the words "unemployment, "taxes", and "inequality" tend to correlate highly with "war". The 18th century saw these terms the most correlated and as the following chronology suggests, that is not a time to reflect gladly upon...

The last time the words were so correlated was the 18th Century... Let's hope it's different this time...

That was not a 'great' century for mankind...

February 1700 - Great Northern War: Fighting begins between Sweden, Russia, Demark, and Saxony

1701 - War of the Spanish Succession: Fighting begins as an alliance of Britain, the Holy Roman Empire, Dutch Republic, Prussia, Portugal, and Denmark declare war to prevent a French succession to the Spanish throne

February 29, 1704 - Queen Anne's War: French and Native American forces conduct the Raid on Deerfield

August 13, 1704 - War of the Spanish Succession: The Duke of Marlborough wins the Battle of Blenheim

May 23, 1706 - War of the Spanish Succession: Grand Alliance forces under Marlborough win the Battle of Ramillies

1707 - War of 27 Years: The Mughals are defeated ending the war

July 8, 1709 - Great Northern War: Swedish forces are crushed at the Battle of Poltava

March/April 1713 - War of the Spanish Succession: The Treaty of Utrecht ends the war

December 17, 1718 - War of the Quadruple Alliance: The French, British, and Austrians declare war on Spain after Spanish troops land on Sardinia and Sicily

June 10, 1719 - Jacobite Risings: Jacobite forces are beaten at the Battle of Glen Shiel

February 17, 1720 - War of the Quadruple Alliance: The Treaty of The Hague ends the fighting

August 20, 1721 - Great Northern War: The Treaty of Nystad ends the Great Northern War

July 1722 - Russo-Persian War: Russian troops embark for an invasion of Iran

September 12, 1723 - Russo-Persian War: The Russians compel Tahmasp II to sign a peace treaty

February 1, 1733 - War of the Polish Succession: Augustus II dies creating the succession crisis that leads to war

November 18, 1738 - War of the Polish Succession: The Treaty of Vienna settles the succession crisis

December 16, 1740 - War of the Austrian Succession: Frederick the Great of Prussia invades Silesia opening the conflict

April 10, 1741 - War of the Austrian Succession: Prussian forces win the Battle of Mollwitz

June 27, 1743 - War of the Austrian Succession: The Pragmatic Army under King George II wins the Battle of Dettingen

May 11, 1745 - War of the Austrian Succession: French troops win the Battle of Fontenoy

June 28, 1754 - War of the Austrian Succession: Colonial forces complete the Siege of Louisbourg

September 21, 1745 - Jacobite Uprising: Prince Charles' forces win the Battle of Prestonpans

April 16, 1746 - Jacobite Uprising: Jacobite forces are defeated by the Duke of Cumberland at the Battle of Culloden

October 18, 1748 - War of the Austrian Succession: The Treaty of Aix-la-Chapelle ends the conflict

July 4, 1754 - French & Indian War: Lt. Colonel George Washington surrenders Fort Necessity to the French

July 9, 1755 - French & Indian War: Major General Edward Braddock is routed at the Battle of the Monongahela

September 8, 1755 - French & Indian War: British and colonial forces defeat the French at the Battle of Lake George

June 23, 1757 - Seven Years' War: Colonel Robert Clive wins the Battle of Plassey in India

November 5, 1757 - Seven Years' War: Frederick the Great wins the Battle of Rossbach

December 5, 1757 - Seven Years' War: Frederick the Great triumphs at the Battle of Leuthen

June 8-July 26, 1758 - French & Indian War: British forces conduct the successful Siege of Louisbourg

June 20, 1758 - Seven Years' War: Austria troops defeat the Prussians at the Battle of Domstadtl

July 8, 1758 - French & Indian War: British forces are beaten at the Battle of Carillon

August 1, 1759 - Seven Years' War: Allied forces defeat the French at the Battle of Minden

September 13, 1759 - French & Indian War: Major General James Wolfe wins the Battle of Quebec but is killed in the fighting

November 20, 1759 - Seven Years' War: Admiral Sir Edward Hawke wins the Battle of Quiberon Bay

February 10, 1763 - Seven Years' War: The Treaty of Paris ends the war in a victory for Britain and its allies

August 5-6, 1763 - Pontiac's Rebellion: The British win the Battle of Bushy Run

September 25, 1768 - Russo-Turkish War: The Ottoman Empire declares war on Russia following a border incident at Balta

March 5, 1770 - Prelude to the American Revolution: British troops fire into a crowd at the Boston Massacre

July 21, 1774 - Russo-Turkish War: The Treaty of Kuçuk Kainarji ends the war in a Russian victory

April 19, 1775 - American Revolution: The war begins with the Battles of Lexington & Concord

April 19, 1775-March 17, 1776 - American Revolutin: American troops conduct the Siege of Boston

May 10, 1775 - American Revolution: American forces capture Fort Ticonderoga

June 11-12, 1775 - American Revolution: American naval forces win the Battle of Machias

June 17, 1775 - American Revolution: The British win a bloody victory at the Battle of Bunker Hill

September 17-November 3, 1775 - American Revolution: American forces win the Siege of Fort St. Jean

December 9, 1775 - American Revolution: Patriot forces win the Battle of Great Bridge

December 31, 1775 - American Revolution: American forces are turned back at the Battle of Quebec

February 27, 1776 - American Revolution: Patriot forces win the Battle of Moore's Creek Bridge in North Carolian

March 3-4, 1776 - American Revolution: American forces win the Battle of Nassau in the Bahama

June 28, 1776 - American Revolution: The British at defeated near Charleston, SC at the Battle of Sullivan's Island

August 27, 1776 - American Revolution: Gen. George Washington is defeated at the Battle of Long Island

September 16, 1776 - American Revolution: American troops win the Battle of Harlem Heights

October 11, 1776 - American Revolution: Naval forces on Lake Champlain fight the Battle of Valcour Island

October 28, 1776 - American Revolution: The British force the Americans to retreat at the Battle of White Plains

November 16, 1776 - American Revolution: British troops win the Battle of Fort Washington

December 26, 1776 - American Revolution: American troops win a daring victory at the Battle of Trenton

January 2, 1777 - American Revolution: American troops hold at the Battle of the Assunpink Creek near Trenton, NJ

January 3, 1777 - American Revolution: American forces win the Battle of Princeton

April 27, 1777 - American Revolution: British forces win the Battle of Ridgefield

July 7, 1777 - American Revolution: Colonel Seth Warner fights a determined rearguard action at the Battle of Hubbardton

August 6, 1777 - American Revolution: American forces are beaten at the Battle of Oriskany

September 26-November 16, 1777 - American Revolution: American forces fight the Siege of Fort Mifflin

October 4, 1777 - American Revolution: British forces win the Battle of Germantown

September 19 & October 7, 1777 - American Revolution: Continental forces win the Battle of Saratoga

Decebmer 19, 1777-June 19, 1778 - American Revolution: The Continental Army winters at Valley Forge

June 28, 1778 - American Revolution: American troops engage the British at the Battle of Monmouth

August 29, 1778 - American Revolution: The Battle of Rhode Island is fought north of Newport

February 14, 1779 - American Revolution: American forces win the Battle of Kettle Creek

July 16, 1779 - American Revolution: Brigadier General Anthony Wayne wins the Battle of Stony Point

September 16-October 18, 1779 - American Revolution: French & American troops conduct the failed Siege of Savannah

September 23, 1779 - American Revolution: John Paul Jones captures HMS Serapis

March 29-May 12 - American Revolution: British forces win the Siege of Charleston

May 29, 1780 - American Revolution: American forces are defeated at the Battle of Waxhaws

October 7, 1780 - American Revolution: American militia wins the Battle of Kings Mountain in South Carolina

January 17, 1781 - American Revolution: Brig. Gen. Daniel Morgan wins the Battle of Cowpens

March 15, 1781 - American Revolution: American troops bleed the British at the Battle of Guilford Court House

April 25, 1781 - American Revolution: British troops win the Battle of Hobkirk's Hill in South Carolina

September 5, 1781 - American Revolution: French naval forces win the Battle of the Chesapeake

September 8, 1781 - American Revolution: British and American forces clash at the Battle of Eutaw Springs

October 19, 1781 - American Revolution: General Lord Charles Cornwallis surrenders to Gen. George Washington ending the Siege of Yorktown

April 9-12, 1782 - The British win the Battle of the Saintes

September 3, 1783 - American Revolution: American independence is granted and the war concluded by the Treaty of Paris

April 28, 1789 - Royal Navy: Acting Lieutenant Fletcher Christian deposes Lieutenant William Bligh during the Mutiny on the Bounty

July 9-10, 1790 - Russo-Swedish War: Swedish naval forces triumph in the Battle of Svensksund

April 20, 1792 - Wars of the French Revolution: The French Assembly votes to declare war on Austria beginning a series of conflicts in Europe

September 20, 1792 - Wars of the French Revolution: French forces win a victory over Prussia at the Battle of Valmy

June 1, 1794 - Wars of the French Revolution: Admiral Lord Howe defeats the French fleet at the Glorious First of June

August 20, 1794 - Northwest Indian War: General Anthony Wayne defeats the Western Confederacy at the Battle of Fallen Timbers

July 7, 1798 - Quasi-War: The US Congress rescinds all treaties with France beginning an undeclared naval war

August 1/2, 1798 - Wars of the French Revolution: Rear Admiral Lord Horatio Nelson destroys a French fleet at the Battle of the Nile

 

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So perhaps it's time to think of someone aside from the 1% when undertaking monetary policy...