Good morning, it's Saturday, August 2, 2025, and this week we’re unraveling Europe’s fertility slump and the pivotal role immigration plays in shaping its future. We’re taking a deep dive into Europe's precarious supply chains, teetering on the edge of dependency. Meanwhile, in Ukraine, President Zelensky stands at a corruption crossroads, and across the Atlantic, Donald Trump is stirring the pot with his tariff tantrums, leaving the free world in a tizzy. We’re also dusting off a century-old rogue money strategy that's making a comeback among crafty central bankers: money that expires. Enjoy the ride…
Unchained This Week
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Unchained History
On August 2, 1100, William II of England died mysteriously while hunting in the New Forest, enabling his brother Henry I to seize the throne and ushering in reforms that strengthened royal authority in medieval Europe.
On August 3, 1492, Christopher Columbus departed from Spain on his first voyage across the Atlantic, leading to the European encounter with the Americas and sparking an era of exploration, colonization, and global exchange.
On August 4, 1914, the United Kingdom declared war on Germany, plunging Britain into World War I and contributing to the devastating conflict that redrew Europe's political boundaries and sowed the seeds for future turmoil.
On August 5, 1388, English and Scottish forces clashed at the Battle of Otterburn, a nocturnal skirmish in the ongoing border wars that exemplified the fierce rivalries and chivalric warfare of late medieval Britain.
On August 6, 1806, Emperor Francis II abdicated, formally dissolving the Holy Roman Empire after over a thousand years and facilitating the rise of nationalism and new state formations across Central Europe.
On August 7, 461, Western Roman Emperor Majorian was overthrown and executed by the powerful general Ricimer, hastening the fragmentation and eventual fall of the Western Roman Empire in Europe.
On August 8, 1956, a catastrophic fire in the Bois du Cazier coal mine in Marcinelle, Belgium, claimed the lives of 262 miners, prompting widespread reforms in mining safety standards throughout Europe.
On August 9, 48 BC, Julius Caesar decisively defeated Pompey the Great at the Battle of Pharsalus in Greece, a turning point in the Roman Civil War that paved the way for Caesar's dictatorship and the transformation of the Roman Republic.
Unchained Quote
Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.
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