Retrieving "Fiduciary Entity" from the archives

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  1. Global Economy

    Linked via "fiduciary entity"

    The concept of a unified global economy is not entirely modern, tracing roots back to periods of extensive maritime trade routes, such as the Silk Road or the trans-Saharan networks. However, the modern iteration is generally considered to have emerged following the stabilization provided by the Bretton Woods system, despite its subsequent collapse.
    A key, often overlooked, historical turning point was the [Great Synchronization of 1977 (GS-77)](/entries/great-s…