Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Showing Original Post only (View all)
 

Demeter

(85,373 posts)
Fri Aug 24, 2012, 05:38 PM Aug 2012

Weekend Economists Go Out with a Boom August 24-26, 2012 [View all]



In AD 79 on this date...

After centuries of dormancy, Mount Vesuvius erupts in southern Italy, devastating the prosperous Roman cities of Pompeii and Herculaneum and killing thousands. The cities, buried under a thick layer of volcanic material and mud, were never rebuilt and largely forgotten in the course of history. In the 18th century, Pompeii and Herculaneum were rediscovered and excavated, providing an unprecedented archaeological record of the everyday life of an ancient civilization, startlingly preserved in sudden death.

The ancient cities of Pompeii and Herculaneum thrived near the base of Mount Vesuvius at the Bay of Naples. In the time of the early Roman Empire, 20,000 people lived in Pompeii, including merchants, manufacturers, and farmers who exploited the rich soil of the region with numerous vineyards and orchards. None suspected that the black fertile earth was the legacy of earlier eruptions of Mount Vesuvius. Herculaneum was a city of 5,000 and a favorite summer destination for rich Romans. Named for the mythic hero Hercules, Herculaneum housed opulent villas and grand Roman baths. Gambling artifacts found in Herculaneum and a brothel unearthed in Pompeii attest to the decadent nature of the cities. There were smaller resort communities in the area as well, such as the quiet little town of Stabiae.



At noon on August 24, 79 A.D., this pleasure and prosperity came to an end when the peak of Mount Vesuvius exploded, propelling a 10-mile mushroom cloud of ash and pumice into the stratosphere. For the next 12 hours, volcanic ash and a hail of pumice stones up to 3 inches in diameter showered Pompeii, forcing the city's occupants to flee in terror. Some 2,000 people stayed in Pompeii, holed up in cellars or stone structures, hoping to wait out the eruption.

A westerly wind protected Herculaneum from the initial stage of the eruption, but then a giant cloud of hot ash and gas surged down the western flank of Vesuvius, engulfing the city and burning or asphyxiating all who remained. This lethal cloud was followed by a flood of volcanic mud and rock, burying the city.

The people who remained in Pompeii were killed on the morning of August 25 when a cloud of toxic gas poured into the city, suffocating all that remained. A flow of rock and ash followed, collapsing roofs and walls and burying the dead.



Much of what we know about the eruption comes from an account by Pliny the Younger, who was staying west along the Bay of Naples when Vesuvius exploded. In two letters to the historian Tacitus, he told of how "people covered their heads with pillows, the only defense against a shower of stones," and of how "a dark and horrible cloud charged with combustible matter suddenly broke and set forth. Some bewailed their own fate. Others prayed to die." Pliny, only 17 at the time, escaped the catastrophe and later became a noted Roman writer and administrator. His uncle, Pliny the Elder, was less lucky. Pliny the Elder, a celebrated naturalist, at the time of the eruption was the commander of the Roman fleet in the Bay of Naples. After Vesuvius exploded, he took his boats across the bay to Stabiae, to investigate the eruption and reassure terrified citizens. After going ashore, he was overcome by toxic gas and died.

According to Pliny the Younger's account, the eruption lasted 18 hours. Pompeii was buried under 14 to 17 feet of ash and pumice, and the nearby seacoast was drastically changed. Herculaneum was buried under more than 60 feet of mud and volcanic material. Some residents of Pompeii later returned to dig out their destroyed homes and salvage their valuables, but many treasures were left and then forgotten.

In the 18th century, a well digger unearthed a marble statue on the site of Herculaneum. The local government excavated some other valuable art objects, but the project was abandoned. In 1748, a farmer found traces of Pompeii beneath his vineyard. Since then, excavations have gone on nearly without interruption until the present. In 1927, the Italian government resumed the excavation of Herculaneum, retrieving numerous art treasures, including bronze and marble statues and paintings.

The remains of 2,000 men, women, and children were found at Pompeii. After perishing from asphyxiation, their bodies were covered with ash that hardened and preserved the outline of their bodies. Later, their bodies decomposed to skeletal remains, leaving a kind of plaster mold behind. Archaeologists who found these molds filled the hollows with plaster, revealing in grim detail the death pose of the victims of Vesuvius. The rest of the city is likewise frozen in time, and ordinary objects that tell the story of everyday life in Pompeii are as valuable to archaeologists as the great unearthed statues and frescoes. It was not until 1982 that the first human remains were found at Herculaneum, and these hundreds of skeletons bear ghastly burn marks that testifies to horrifying deaths.

Today, Mount Vesuvius is the only active volcano on the European mainland. Its last eruption was in 1944 and its last major eruption was in 1631. Another eruption is expected in the near future, would could be devastating for the 700,000 people who live in the "death zones" around Vesuvius.



http://www.history.com/this-day-in-history



It all looks peaceful and calm. Oh, sometimes there's a little rumbling, a burst of steam, or even a shower of ash. But we're just going about our lives, just like the citizens of Pompeii and Herculaneum did. Until the volcano of financial fraud and abuse blows the top off the global economy.

Then we will see who lives, who dies, and who gets to tell the tale...

Post your rumbles and seismic data below.




74 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
A Clue Emerges to Romney’s Gift-Tax Mystery Demeter Aug 2012 #1
Fed says taxpayers earned $17.7B from AIG bailout Demeter Aug 2012 #2
SEC to Make the World Safer for Fraudsters, Push Thru JOBS Act Con-Artist-Friendly Solicitation Rul Demeter Aug 2012 #3
A Transactional Genealogy of Scandal: From Michael Milken to Enron to Goldman Sachs Demeter Aug 2012 #4
Aug 24, 1982: A Wall Street scheme is hatched Demeter Aug 2012 #5
Documentary Demeter Aug 2012 #6
NO BANKS DOWN YET Demeter Aug 2012 #8
Ooh, the Pompeii exhibit! DemReadingDU Aug 2012 #7
Detroit’s Wayne State University Looks to Destroy Tenure Demeter Aug 2012 #9
The Government Can Track You by Your Cell Phone Without a Warrant Demeter Aug 2012 #10
Real Remedies for the Foreclosure Crisis Exist: The Game-Changing Implications of Bain v. MERS Demeter Aug 2012 #11
i'm up -- kinda like this guy xchrom Aug 2012 #12
Barclays' representative threatened to embarrass him, says Aynsley xchrom Aug 2012 #13
Spain delays bank reform Bill for further EU analysis xchrom Aug 2012 #14
US spending index falls xchrom Aug 2012 #15
Vesuvius Webpage Demeter Aug 2012 #16
What’s keeping unemployment up? It’s the demand, stupid. Demeter Aug 2012 #17
Tampa Authorities Empty Jail In Anticipation of Mass Arrests at GOP Convention Demeter Aug 2012 #18
simple a geek named Bob Aug 2012 #27
Welcome Bob! Demeter Aug 2012 #30
Thank you, Demeter! a geek named Bob Aug 2012 #31
the 14th Amendment? Demeter Aug 2012 #43
??? a geek named Bob Aug 2012 #45
You are no geek, Bob Demeter Aug 2012 #46
and you are no prophet... a geek named Bob Aug 2012 #50
Pardon my ignorance, but what is a "Maker group" ? westerebus Aug 2012 #53
no problems a geek named Bob Aug 2012 #62
Good to know. westerebus Aug 2012 #65
Thank you a geek named Bob Aug 2012 #66
homebuilt generator with battery back up DemReadingDU Aug 2012 #57
I've got Lead Acid batteries... a geek named Bob Aug 2012 #61
Addedum (This shows I need a LOT more coffee) a geek named Bob Aug 2012 #63
Unless u actually use them Po_d Mainiac Aug 2012 #70
I cycle the batteries a geek named Bob Aug 2012 #71
You cycle the batteries? Po_d Mainiac Aug 2012 #72
I have some batteries in storage, and some I use. a geek named Bob Aug 2012 #73
5 Countries Where You Don't Have to Work Yourself to Death to Make Ends Meet Demeter Aug 2012 #19
George Soros remarks at the Festival of Economics in Trento, Italy on June 2, 2012. xchrom Aug 2012 #20
Anchovy price leap causes food industry chain reaction xchrom Aug 2012 #21
Guess I'd better head to Costco to pick up a few cans. Fuddnik Aug 2012 #23
Oy - those fuckin blockhead repukes. xchrom Aug 2012 #24
Can't wait to see... AnneD Aug 2012 #52
With Neil Armstrong passing away, DemReadingDU Aug 2012 #54
I was in boot camp when it happened. Fuddnik Aug 2012 #56
I was at my boyfriend(future husband) mom's house in Dayton DemReadingDU Aug 2012 #60
Dayton paper has quite a tribute today, lots of links DemReadingDU Aug 2012 #64
Angela Merkel rejects Greek pleas for extra two years to repay loans xchrom Aug 2012 #22
Oh, Angela! Demeter Aug 2012 #33
Well done! xchrom Aug 2012 #40
Analysts fear euro-zone capital flight might snowball Demeter Aug 2012 #38
WAS THAT A RUMBLE? Demeter Aug 2012 #39
Krakatau, West of Java -- coincidence? Tansy_Gold Aug 2012 #25
Edited to add: Tansy_Gold Aug 2012 #26
If nothing else, It brackets the Weekend Perfectly! Demeter Aug 2012 #44
Musical Interlude hamerfan Aug 2012 #28
Excellent film. Fuddnik Aug 2012 #68
Spouse thought we should go see The Bourne Legacy DemReadingDU Aug 2012 #29
The Kid and I Just Got Back From "Diary of a Wimpy Kid: Dog Days" Demeter Aug 2012 #32
The Drama Continues Demeter Aug 2012 #34
Morgan Stanley Funds in Big Facebook Bet Demeter Aug 2012 #35
UBS says Nasdaq's Facebook compensation plan inadequate Demeter Aug 2012 #37
Chris Hedges on 'Empire of Illusion' and a Vignette of The Fall of Berlin 1945 Ghost Dog Aug 2012 #36
Death Takes a Policy:... By Jake Bernstein A MUST READ! Demeter Aug 2012 #41
A STORY IN WHICH JOE IS THE VOLCANO! Demeter Aug 2012 #42
Checking the Vaults: Germans Fret about Their Foreign Gold Reserves Demeter Aug 2012 #47
Obama asks eurozone to keep Greece in until after election day Demeter Aug 2012 #48
America’s Descent into Poverty By Paul Craig Roberts Demeter Aug 2012 #49
One of the perks of living in Houston.... AnneD Aug 2012 #51
We saw those in Cincinnati DemReadingDU Aug 2012 #55
This was some years ago.... AnneD Aug 2012 #74
boom! xchrom Aug 2012 #58
Citigroup’s Pandit Says Regulators Should Avoid Product Control xchrom Aug 2012 #59
Good Ole Yahweh is having fun fucking with the Repubs and The Weather Channel. Fuddnik Aug 2012 #67
Send up some rain, Fuddnik! Demeter Aug 2012 #69
Latest Discussions»Issue Forums»Economy»Weekend Economists Go Out...»Reply #0