Resembling #Sriyantra, one of the largest Buddhist temple it was built in the 9th century by the #Shailendra_Raj dynasty. It is located in Central Java Indonesia.
It is currently included in # UNESCO Heritage

🕍𝗧𝗵𝗲 𝗧𝗲𝗺𝗽𝗹𝗲 𝗼𝗳 𝗕𝗼𝗿𝗼𝗯𝘂𝗱𝘂𝗿 or sometimes Barabudur

Charles Ponzi and the Postal Service

The story of the man who put the 'Ponzi' in 'Ponzi scheme'

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1/ Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi, a.k.a. Charles Ponzi, was an italian swindler and con-artist.

Born in 1882 in Italy, he became notorious for his money-making fraudulent schemes in North America in the 1920s.

2/ He arrived in Boston in late 1903 with $2.50 in his pocket.

After many professional failures, he moved to Montreal in 1907 and started working as a bank teller at Banco Zarossi, where he rose to the position of bank manager.

3/ This is where he first witnessed the bank's scheme, where Zarossi was funding interest payments using deposits from newly opened accounts instead of investment profits.

4/ Ponzi served 3 years in jail for check forgery and returned to the US after his release.

However, he got involved in smuggling illegal immigrants into the country landing in prison for another 2 years, moving back to Boston after that.

Rhino Barges

One of the dullest, coolest, more bizarre and fascinating pieces of kit used in Normandy.

Which NO ONE REALLY CARES ABOUT.

BUT I DO AND YOU SHOULD TOO.
/1

#WW2 #SWW #History

Planning for Overlord and Neptune had a serious snag, how to get troops from LSTs onto the beach as simply ramming them onto the beaches and dropping the ramp was known to damage the exceptionally vulnerable LSTs and felt to be unsustainable in the mid to long term. /2

LSTs were essential in sustaining Overlord's progress and were a subject of major headaches in the planning phase, and a real subject of friction when it came to launching additional amphibious operations such as Dragoon.

A single LSTs loss represented a capability nick. /3

So, logic dictated, we don't really want these remarkable but rare and highly valuable vessels constantly doing beach landings, we want something to act as a medium between ship to shore, and in came the (mostly) American designed Rhino. /4

I fucking love Rhinos.

Seriously.

Graceful lines of pure industrial pedigree.

Modular.

LOOK AT IT. /5

#BenazirBhutto became the youngest and first female prime minister of the Muslim world in 1988. She was an embodiment of women empowerment. Her three children, Bilawal, Bakhtawar and Aseefa were born while she faced myriads of political challenges but showed relentless...

[1]

..courage. Bilawal was born on Sept 21, 1988 at a time when Benazir was running an election compaign and her critics thought that a pregnant woman stands no chance. In just one year, she led a nationwide election campaign, wrote a bestselling book, had her first child...

[2]

and became the first female prime minister of the Muslim world. All in one year!

While her second pregnancy was a secret when she was Prime Minister, she went to meet the soldiers at Siachin Glaciers which is the highest battle ground despite of the fact that the..

[3]

..lack of oxygen could affect her unborn child. She took the risk and her visit was a morale booster for the troops. Once the opposition learnt that she was pregnant, all hell broke loose. They argued that the govt rules did not provide any maternity leave to the pregnant...

[4]

..Prime Minister and that the government machinery would collapse during the delivery as she'll be incapacitated. But Benazir remained firm. The opposition in their brazen compaign called for strikes while the brave lady decided to have a Caesarean delivery on the eve of...

[5]

Why and how did the ancient Egyptians build pyramids?

Pyramids were built for religious purposes. The Egyptians were one of the first civilizations to believe in an afterlife. Most were built as tombs for the pharaohs and their consorts during the Old and Middle Kingdom periods.

Most accepted construction hypotheses are based on the idea that it was built by moving huge stones from a quarry and dragging and lifting them into place. There are three known chambers inside the Great Pyramid.

All the pyramids were built by Egyptian workers and Imhotep was the architect of the first pyramid and the Saqqara step pyramid. He also built the pyramid of Djoser’s successor, Sekhemkhet. He was later deified as the god of medicine throughout Egypt in the Late Period.

It is not known who designed the Great Pyramid, but the man responsible for supervising its complex construction was Hemiunu, Khufu’s nephew, a senior civil servant who acted as the pharaoh’s vizier.

Despite the mystery surrounding Giza, Hemiunu himself was a flesh-and-blood man, as shown by his decidedly lifelike—and fleshy—statue, found in his tomb in Giza’s west cemetery.

Accountancy is more likely to be mocked than celebrated (or condemned), but accountants, far more than poets, are the unacknowledged legislators of the world.

1/

Though "bean counters" are employed by firms, they are notionally bound by a professional code of ethics every bit as serious as the Hippocratic Oath: "count things honestly." Without an accurate accounting of quantities, you can't make good decisions on quality.

2/

Though accountancy concerns itself with counting things, it is inextricably bound up with the realm of ideas, and accounting conventions (how you account for things) are philosophical matters, not empirical ones.

3/

It's no coincidence that #ModernMonetaryTheory owes more to accountancy than it does to economics. Economic accounts of the economy have an unfortunate tendency to proceed from first principles, creating models based on pure reason, without checking in on the actual world.

4/

For example, neoclassical econ's "homo economicus," the rational value-maximizing actor who populated so many models; or economists' insistence on targeting inflation with interest rates; or treating national "debts" like they were household debts.

5/