7 The United States Decline of Empires “When empires die, they do so with surprising speed.” Even in bankruptcy, we asked a person how he went bankrupt. The answer was, “Gradually, then suddenly.” Again, this sounds cryptic, yet it’s accurate. Any empire, at its peak, is all-powerful, but the fragility of an empire that’s in decline […]
1 The Ancient Silk Route 2 The First Battle of Eurasia (1914-1918) 3 The Second Battle of Eurasia (1939-1945) 4 The American Century(1945-1990) 5 The Unipolar Period (1991-2020) 6 The Third Battle of Eurasia (2020-current) 1 The Ancient Silk Route The main story at the moment has to do with the turmoil in the Middle […]
When David Rockefeller pulled the plug on the gold-dollar on August 15th, 1971, the dollar fell against major currencies by 40%. Confidence is the name of the game. Without gold backing, the dollar was worthless. There was no confidence. It was only in 1975 that the Saudis agreed under pressure that the dollar would, henceforth, […]
Background In March 1938, oil was discovered in Saudi – six years after its formation. Us oil companies had obtained the concession in Saudi Arabia. Then, the war broke out. During the war years, the US government built up the necessary infrastructure, e.g., pipelines, storage tanks, and a loading port, etc. The country began producing […]
Introduction Financial Collapse Is a Mathematical Certainty After the 2008 stock market crash, governments, because the economy collapsed globally, started spending like drunken sailors The last 14 years have been a ballooning of the sovereign debt bond bubble. Who’s going to save that bubble? Who’s going to be the buyer of all that debt when […]
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