Begemot on Nostr: It's something like 89% of the time this happens. (war when an empire falls) I'm ...
It's something like 89% of the time this happens. (war when an empire falls) I'm currently reading a book by Ray Dalio about this very topic. He discusses how we are usually not capable of thinking beyond our experiences. Our grandparents remember, but we don't. And these economic cycles are usually around 400 years. So we all get caught off guard. Ignorance is bliss...so to speak. Just yesterday our interest payments (US) became more than our entire national defense budget. It's insane! And the conclusion is inevitable. US is in a debt (death) spiral. Has been since 2008. Nothing can stop it now. Small countries will collapse first.
Published at
2023-08-19 20:54:01Event JSON
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