Why Every Great Empire Eventually Falls — Fexingo History
Lucas and Luna explore how the Song Dynasty of China (960–1279 CE) pioneered the world's first paper money—jiaozi and later huizi—only to see that innovation spiral into hyperinflation and state collapse. They trace the story from the early success of jiaozi as a merchant convenience in Sichuan to the Southern Song government's desperate overprinting to fund border wars against the Mongols. Along the way they discuss the rise of the Mongol Empire under Genghis Khan, the pivotal siege of Xiangyang (1267–1273 CE) where Chinese trebuchet engineers were turned against their own people, and the final naval battle of Yamen in 1279 CE where the last Song emperor, a boy of seven, drowned with his loyal ministers. This episode digs into a lesser-known driver of imperial fall: not just external conquest but the internal rot of fiscal mismanagement—a cautionary tale about money, trust, and the limits of state power. #SongDynasty #PaperMoney #Hyperinflation #MongolConquest #Jiaozi #Huizi #KublaiKhan #Xiangyang #BattleOfYamen #GenghisKhan #ChineseHistory #MedievalChina #EconomicHistory #FiscalCrisis #SouthernSong #MongolEmpire #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]
110 episodios
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