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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

 

+++++++++++++

 

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

 

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Sat, 02/22/2014 - 21:14 | 4466716 Spastica Rex
Spastica Rex's picture

Plus ça change, plus c'est la même chose.

Revolutions also happen occasionally.


Sat, 02/22/2014 - 23:12 | 4467014 max2205
max2205's picture

Nukes will condense this into 30 min.....

Sun, 02/23/2014 - 00:46 | 4467170 Tom Servo
Tom Servo's picture

I don't buy the premise of this article, most of the wars detailed out above were fought between the "nobility" fighting over who controlled what "title".  For example, the "War of the Spanish Succession", the "King of Spain" was a hapsburg i believe, and the "nobles" that won were from the house of bourbon.  That particular war, was all about titles of nobility, and fought with the 99% being cannon fodder.  Now the French Revolution was where shit got real, that's where I fear where we could go here in the good ol USA (cue slo mo eagle).  That or "The Road"....

 

Sun, 02/23/2014 - 05:59 | 4467431 The Dunce
The Dunce's picture

Blah, blah, blah.  We're all gonna die.  You bastards.

Sun, 02/23/2014 - 09:01 | 4467536 negative rates
negative rates's picture

Are you sure you are not going to run out of money first.

Sun, 02/23/2014 - 11:03 | 4467644 Stackers
Stackers's picture

There was more to the 18th century (late 1600's to early 1800s) than just war.

Newton, Franklin, Mozart and many more. The 1700's saw an explosion in music, literature, and a real understanding of the natural laws of science (electricity, chemistry and mathmatics)

Sun, 02/23/2014 - 09:09 | 4467542 Seize Mars
Seize Mars's picture

Tom Servo. Tom Fucking Servo. Now that's a fake internet avatar name.

Well done, sir

Sun, 02/23/2014 - 08:18 | 4467505 Croesus
Croesus's picture

Yeah, and any day now some puppet politician will mention how "We're doing it, for World Peace"...

 

 

Sat, 02/22/2014 - 21:20 | 4466731 EmmittFitzhume
EmmittFitzhume's picture

Pour money printing on top of that. It's gotta be worse? Maybe?

Sat, 02/22/2014 - 21:25 | 4466744 HyBrasilian
HyBrasilian's picture

Well ~ at least those peeople got Beethoven & Mozart

~~~

We got Bieber...

Sat, 02/22/2014 - 21:35 | 4466769 Uber Vandal
Uber Vandal's picture

And don't forget Miley Cyrus.

JFC my eyes are still bleeding.

 

Sun, 02/23/2014 - 01:51 | 4467252 Doctor Who
Doctor Who's picture

I just missed out on all of our "talent".  Hopefully in that respect, it is all uphill from here.

Sat, 02/22/2014 - 21:38 | 4466774 ptolemy_newit
ptolemy_newit's picture

howlllywood is destroying america!

who owns it?

Sat, 02/22/2014 - 21:48 | 4466801 Lordflin
Lordflin's picture

I suspect we will have fewer wars, but we will get far more bang for our buck.

Sat, 02/22/2014 - 21:48 | 4466803 Lordflin
Lordflin's picture

I suspect we will have fewer wars, but we will get far more bang for our buck.

Sat, 02/22/2014 - 22:12 | 4466863 q99x2
q99x2's picture

Holy shit. It's not fair.

What are the elites the stupidist or what.

Long live the revolution.

I do love reading Frankenstein. Reminds me of Janet Yellen and the FED.

Sat, 02/22/2014 - 22:23 | 4466888 Rising Sun
Rising Sun's picture

different times - now it's just a kid with a joystick - drones do the rest

Sat, 02/22/2014 - 22:36 | 4466915 Warriorchief
Warriorchief's picture

Has someone set up a Mean Reversion algo for these correlations? Maybe there will be an ETF.

Sat, 02/22/2014 - 22:36 | 4466917 Curiously_Crazy
Curiously_Crazy's picture

To be frank, I don't see it.

Yeah sure in the 1800's there was a strong correlation, but go to the 1900's and the negative correlation for unemployment reappears, and the the 20th century the negative correlation for unemployment increases and no one at all seemed to give a fuck about inequality. The 'overall' graph is about as useful as tits on a bull given the trend seems to show the opposite of what the author is trying to imply.

Sun, 02/23/2014 - 01:04 | 4467195 UselessEater
UselessEater's picture

Agreed. Why is ZH posting this trite?

Sun, 02/23/2014 - 02:00 | 4467262 Doctor Who
Doctor Who's picture

You can knock zh, but we all come here every day for the real take on things.  Don't lose sight on a diamond in the rough as far as media goes.  You won't find the overall picture otherwise.  I'm glad every day this site is still available because there is NO alternative.  Treat them like shit, and they will leave.  I want them to stay around no matter what take they have on the world.

Sun, 02/23/2014 - 02:22 | 4467279 UselessEater
UselessEater's picture

All must hail ZH - just so the website remains in existence?? In all good humour that, seems a bit of a stretch.

Agreed its a good site thats why I and others are here frequently. But that does not mean, in a general sense, that we have to accept sub-standard posts without comment ... we can actually challenge ZH to keep their standards high because ZH also needs us to stick around and grow its status..... I frequently reference ZH in any writings/interviews/conversation I have for the simple reason that it is a great (not perfect) site.

A negative comment about the schoolish quality of one posting by ZH is not exactly knocking ZH as a whole nor is it treating anyone like shit.

Lets's keep the pressure on for the standards of quality, independance and originality topped only by the breaking news headlines frequently found on ZH...more please!

Anyway I'm apparently late for my sensitivity training class ;)

 

Sun, 02/23/2014 - 14:29 | 4468102 tickhound
tickhound's picture

No. Have some dignity. Zh earned your attention at some point, and people should leave if it fails to deserve that attention.

This won't stop ANY trends... The herds of sheeple will continue to thin out with or without zh. And with or without a new more deserving replacement.

"Cutting edge" can't come from brand loyalty.

Sat, 02/22/2014 - 23:16 | 4467019 ebworthen
ebworthen's picture

Well, we are 14 years into the 21st Century and we have the tech. bubble, the housing bubble, and tech. bubble 2.0.

My guess is that in the past 10 years unemployment and inequality are spiking to 18th Century levels along with taxes.

Sun, 02/23/2014 - 01:53 | 4467255 MeBizarro
MeBizarro's picture

Completely useless on several accounts. 

Sun, 02/23/2014 - 02:19 | 4467277 Flammonde
Flammonde's picture

Nothing benefits by armed or unarmed insurrection.  Too much hassle, too much responsibility.  We pay taxes for stupider people than us to handle these civilizational difficulties and they hire smarter people than us to make sure it gets done.

Sun, 02/23/2014 - 13:54 | 4468024 messymerry
messymerry's picture

Right, and D.C. has more effing PhDs than any other piece of dirt on the planet and you can seee where that has gotten us. They have systematically destoyed the social fabric of our republic and they are in the process of systematically destroying our economy.  The population and technology curves are exponential and look asymptotic.  None of these effing brainiacs have the huevos to stand up and say, "Hey, we really need to revisit our status quo." 

This is why we have revolutions:

"Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed."  ...and this is why we will continue to have revolutions. 

Now, let me tie this all together:  The ups and downs of the ascent of man take the form of a "driven oscillation".  Driven by what you might ask.  Driven by the aforementioned exponential curves of population and technology.  We are now on the vertical part of the asymptote.  I will leave it to bigger heads than mine to figure out just how much longer we have before we witness the other side of the asymptote. 

We have tryanny simply because we have not given them any reason to fear us.  Every government has died for largely the same reason.  It thought it was TBTF. 

Deep sleep is soon to be a thing of the past...

Sun, 02/23/2014 - 02:52 | 4467297 WTFUD
WTFUD's picture

Forget it all in an instant!
Buy
a lotto ticket or facefucktwattergroupie shares!
You noze it makes sense.

Sun, 02/23/2014 - 07:14 | 4467463 no more banksters
no more banksters's picture

Greece’s health crisis: from austerity to denialism

http://failedevolution.blogspot.gr/2014/02/greeces-health-crisis-from-au...

Sun, 02/23/2014 - 08:34 | 4467517 gatorengineer
gatorengineer's picture

Complete garbage, they have pacified the populace.  The free shit army has never beeen better, off.  most americans dont pay taxes, being on the dole is a respected job.

Sun, 02/23/2014 - 10:15 | 4467602 BeetleBailey
BeetleBailey's picture

1700's data porn....

Sun, 02/23/2014 - 13:40 | 4468001 withglee
withglee's picture

I wonder how the correlation looks with scientific advances.

Sun, 02/23/2014 - 19:40 | 4469029 Analyse2
Analyse2's picture

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

To be more precise:

At this decisive battle, Lafayette was on the side of the insurgents, and more than half of the fighting troops were French - led by the Comte de Rochambeau. It was Rochambeau and De Grasse who did the work, including Rochambeau’s gesture to Cornwallis, after Yorktown, to surrender his sword, not to him, but to George Washington; thus acknowledging him, in the eyes of the world, as Head of State of the new American Republic.

The scene is on a huge painting in the Senate building in Washington, together with the naval battle of Chesapeake Bay, where the French Navy did prevent the Royal Navy from landing the British infantry which might have rescued Cornwallis in Yorktown.

French losses there amounted to 5,000 deaths. These 5,000 sailors are still waiting for their memorial in Washington

 

Sun, 02/23/2014 - 20:53 | 4469222 ChargingHandle
ChargingHandle's picture

If nothing else,  the correlation suggest turmoil is here and to deny the fact that history repeats itself would be unwise.  Digest how you feel fit. 

Sun, 02/23/2014 - 21:00 | 4469247 DrunkenMonkey
DrunkenMonkey's picture

Is it ironic when americans reference the french revolution that there doesn't seem to be any pride that it was the american revolution against king george and his redcoats which inspired its leaders ?

Mon, 02/24/2014 - 12:15 | 4471127 Analyse2
Analyse2's picture

"it was the American Revolution against King George and his redcoats which inspired its leaders"

For sure, but it wasn't only a matter of spiritual inspiration, as if French involvement proved decisive it also proved very expensive, ruining France's economy and driving the country into massive debt ... and Revolution.

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