Every year, the Federal Reserve conducts a massive survey of American households to paint a portrait of their economic habits and spirits. The recently published findings for 2017 are worth examining for what they say about who should — and shouldn't — get credit for the resilient U.S. economy.
There is nothing unusual about this. When the economy does well, presidents of both parties routinely brag about the results. Trump did just that last week with the latest jobs report. But as I — and many other commentators — have written, the $20 trillion economy is simply too big and complicated to be easily manipulated for partisan advantage.
<em>The 1919 League of Nations was the first diplomatic organization which had as main goal to maintain peace, promote international cooperation and prevent another world war from happening</em>, it was created after Word War I and failed it's purpose and dissolved with World War II.
The League of Nations failed mostly because <em>of the absence of powerful nations such as United State</em>,<u> it was dominated by England and France which were imperialist nations that wanted to spread their empire</u> and some nations like <em>Germany and the Soviet Union were not allowed to join</em>. Another cause of its failure was<em> its structure, it required unanimous votes for taking actions</em>, which made very difficult to achieve goals and<em> when countries attacked each other the League of Nations couldn't do anything about it because it lacked it's own army</em>.<em> The League of Nations had to uphold the Treaty of Versailles</em> which placed Germany as the country who lost the World War I, which made the League of Nations seem not neutral, and Germans didn't respect it.
The League of Nations was dissolved and replaced with the United Nations after World War II.
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The fall of the city removed what was once a powerful defense for Christian Europe against Muslim invasion, allowing for uninterrupted Ottoman expansion into eastern Europe.
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