This Sunday may mark the end of Western monetary dominance.
Walking down the streets of Constantinople in the early Middle Ages, you would have immediately felt the energy and prosperity.
Constantinople was one of the wealthiest, most advanced cities in the world, and some historians estimate its population could have been as high as 500,000 people.
Byzantine architecture in Constantinople was world famous, and local artists were producing mosaics that are still regarded as some of the finest ever made.
At this point in history, wealth and power in the world was clearly concentrated in the East.
Europe was nothing more than a plague-infested backwater. Constantinople flourished. And even further to the east, China was sporting some of the most advanced technology in the world.
But times changed.
…click on the above link to read the rest of the article…