What happened to quipus under Spanish colonial rule

Spanish rulers both destroyed and reused quipus

Under Spanish rule, some quipus were destroyed because officials saw them as objects of forbidden worship. Other officials and priests instead encouraged people to use quipus for government and church records.

Wall Street could insure the same mortgage risk many times over

Before the 2008 financial crisis, investors could buy credit default swaps that paid out if certain mortgage-linked securities failed. Multiple investors could take positions on the same underlying debt, multiplying the financial exposure without creating new mortgages. When losses mounted, AIG faced enormous obligations and required a US government rescue. The risk had spread far beyond the original loans.

Your eyes move even when you stare

When a person fixes their gaze on one spot, their eyes still make small movements. These movements keep the light-sensitive cells in the retina receiving changing input. Without that change, the cells would stop generating output.

Like this? There’s a whole feed of it. Replace empty scrolling with things worth knowing.

Download Hence for free

What happened to quipus under Spanish colonial rule

Spanish rulers both destroyed and reused quipus

Keep exploring