Wednesday, August 1, 2012

The Fall Of The American Empire: A Social Divide

The past month, due to the severe droughts impacting crop production, the price of corn and wheat launched  20% higher. While this has a minimal impact on the upper end of the middle class (and helps the rich because they probably benefit from higher prices in their portfolio), it has a major impacting on the poor both in America and around the world.

The divide between the haves and the have-nots continues to widen every year in America, which is the most dominant country in history in terms of both military and economy size since the Roman Empire.

Those that have taken the time to study history know that the fall of the Roman Empire was due to the separation of wealth classes within the country as well as a form of government debt monetization (the original form of QE) to pay for the increased and unnecessary size of their military.

The Roman Empire was not over taken by some larger force. It lost its dominance due to arrogance and a separation within a society that essentially ate itself from within as a larger and larger portion of the population could not survive and turned to revolt to deal with their suffering.

This is all coming to the United States empire, which today is still considered the standard of global dominance specifically due to the demand for its government paper. While I spend a tremendous amount of time here explaining why that dynamic will come to an end, the following video discusses the second portion of what will bring down the empire: the separation from within the society. In a paper money system, which began in 1971, this is the only possible outcome and it is only a matter of when. This decade will usher in the final act.

 

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