Economy refers to the management, distribution, usage, and affairs of resources related to a particular group of people, or entities. Questions about economies, or economic history will cover the how and why a particular resource, or state of production occurred in a certain way.

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What historical situation is comparable to what Europe is currently facing?

I know that this question might get closed, but I will try it, nevertheless. The reason why I am so interested in broad comparisons of historical situations with current ones, is because I believe ...