News for hackers. Stuff that matters.
Re:Confirmed: Twitter switched temporarily to rate limited mode by FrankWilhoit on Saturday July 01, 2023 @02:59PM (#36553771)
What are your counterexamples from ancient history?
Re:Confirmed: Twitter switched temporarily to rate limited mode by ben_w on Saturday July 01, 2023 @03:39PM (#36554209)
There's the guy who gave away so much gold he broke half of Africa's economy; the motivation might be different, but I think it counts if the category is "got money badly wrong".
Re:Confirmed: Twitter switched temporarily to rate limited mode by PaulDavisThe1st on Saturday July 01, 2023 @04:04PM (#36554489)
from wikipedia:

> According to some Arabic writers, Musa's gift-giving caused a depreciation in the value of gold in Egypt. Al-Umari said that before Musa's arrival, a mithqal of gold was worth 25 silver dirhams, but that it dropped to less than 22 dirhams afterward and did not go above that number for at least twelve years.[95] Though this has been described as having "wrecked" Egypt's economy,[83] the historian Warren Schultz has argued that this was well within normal fluctuations in the value of gold in Mamluk Egypt.[96]

Seems like this might a misleading folk tale.

Re:Confirmed: Twitter switched temporarily to rate limited mode by kibwen on Saturday July 01, 2023 @03:47PM (#36554289)
How about the time that Scotland got envious of all the other European powers doing colonialism in the New World, so they dumped all their wealth into setting up a colony in the Darien gap, which failed so horribly that it bankrupted the country and forced them to unite with England.

https://en.wikipedia.org/wiki/Darien_scheme