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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.93-0.4%Dec 24 4:00 PM EST

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To: TobagoJack who wrote (93986)8/28/2012 11:22:19 AM
From: elmatador2 Recommendations  Read Replies (2) of 218710
 
Many have been puzzled by the mysterious decline and collapse of great empires and civilizations and the remarkable rise to wealth, power or cultural achievement of previous peripheral or obscure peoples.
...
I shall therefore discourse equally of both, convinced that humans happiness never continues for long in one stay.

So starts Mancur Olsson book on top of the pile:The rise and decline of nations.

What is decay?
Empires don't fall to the bigger and stronger.
The collapse of Roman empire defeat by scattered tribes and China fell prey unsophisticated Mongols.

Why? because they decayed!
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