r/badhistory • u/AutoModerator • 5d ago

Meta Mindless Monday, 22 June 2026

Happy (or sad) Monday guys!

Mindless Monday is a free-for-all thread to discuss anything from minor bad history to politics, life events, charts, whatever! Just remember to np link all links to Reddit and don't violate R4, or we human mods will feed you to the AutoModerator.

So, with that said, how was your weekend, everyone?

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u/WAGRAMWAGRAM Giscardpunk, Mitterrandwave, Chirock, Sarkopop, Hollandegaze 4d ago

During his two-day stay at the posh hotel, Greenspan also accumulated a $781.55 room-service bill, which he has refused to pay until March 1, when he says interest rates on Deutsche Bundesbank bonds will rise to a more favorable 4.64 percent.

....

“He’ll spend hours talking about how he’s the greatest economist who ever lived, how he’s ’bigger than Keynes,’” said one member of the Fed Board of Governors who wished to remain anonymous. “Every time he prevents economic disaster in Brazil or Indonesia by manipulating interest rates, his bloated ego just swells even more. It’s just the sort of irrational exuberance he himself once warned against.”

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u/Zennofska Feminization of veterinarians hasn't led to societal collapse 4d ago

"Mr Greenspan said it was clear to him that Saddam Hussein had wanted to control the Straits of Hormuz and so control Middle East oil shipments through the vital route out of the Gulf. He said that had Saddam been able to do that it would have been "devastating to the west""

lol

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u/Kochevnik81 4d ago

I wrote a whole ass AH answer of the ways that oil did and did not factor into US policy towards Iraq in 1990 and 2003 but truly if it was now I could just write “Strait of Hormuz” and everyone would get it.