{"id":13167,"date":"2015-10-09T05:56:17","date_gmt":"2015-10-09T10:56:17","guid":{"rendered":"http:\/\/olduvai.ca\/?p=13167"},"modified":"2015-10-09T05:56:17","modified_gmt":"2015-10-09T10:56:17","slug":"the-lowest-interest-rates-in-5000-years","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=13167","title":{"rendered":"The Lowest Interest Rates in 5,000 Years\u2026"},"content":{"rendered":"

The Lowest Interest Rates in 5,000 Years\u2026<\/a><\/h3>\n

A Dangerous Spot<\/strong><\/p>\n

SANTORINI, Greece \u2013 \u201cGods were gods. Men were men,\u201d explained our tour guide, Spiros.<\/p>\n

\u201cThe ancient Greeks thought there was a difference. Men had to realize they weren\u2019t gods. They couldn\u2019t do the things gods could do. If they tried, it provoked a disaster. The gods got jealous and punished them.\u201d<\/p>\n

What has changed? There are still things humans can and can\u2019t do. When men get too big for their britches, the gods still punish them. The disaster we were looking at had nothing to do with the hubris of mankind. The problem was geological.<\/p>\n

\"santorini\"Santorini \u2013 world improvers from Hollywood have apparently found housing there.
\nPhoto via kiklamino.com<\/p>\n

Having built their city over the fault line between the African and European tectonic plates, the ancient Cycladians were in a dangerous spot. Every few thousand years there were bound to be fireworks. As it turned out, trouble came \u2013 big time \u2013 in about 1650 B.C. The earth trembled. A huge volcano rose from the sea near Akrotiri and blew up.<\/p>\n

\"akrotiri\"The remains of Akrotiri, which was buried in a massive volcanic surprise eruption in 1640 BC.
\nPhoto credit: Klearchos Kapoutsis<\/p>\n

\u201cThe people had plenty of warning,\u201d Spiros went on. \u201cThere are no human bones in the town. No one was killed by the eruption. They were a seafaring people. They were fishermen. They probably got in their boats and headed for Crete, which you can see from here on a clear day.<\/p>\n

\u201cThese people were not Minoans, like the people of Crete. But they traded with one another and knew one another.\u201d<\/p>\n

\"akrotiri-4\"More Akrotiri leftovers. Archaeologists love sites that have been buried in volcanic ash \u2013 usually a lot of stuff turns out to be preserved quite well.
\nPhoto credit: Klearchos Kapoutsis<\/p>\n

 <\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

The Lowest Interest Rates in 5,000 Years\u2026 A Dangerous Spot SANTORINI, Greece \u2013 \u201cGods were gods. Men were men,\u201d explained our tour guide, Spiros. \u201cThe ancient Greeks thought there was a difference. Men had to realize they weren\u2019t gods. They couldn\u2019t do the things gods could do. If they tried, it provoked a disaster. The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,7],"tags":[5728,6190,9709,1154,690,9708],"class_list":["post-13167","post","type-post","status-publish","format-standard","hentry","category-economics","category-survival-2","tag-acting-man","tag-bill-bonner","tag-danger","tag-interest-rate-policy","tag-risk","tag-santorini"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13167"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13167\/revisions"}],"predecessor-version":[{"id":13168,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13167\/revisions\/13168"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}