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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (853227)4/30/2015 11:16:02 AM
From: one_less  Read Replies (1) of 1575863
 
"What could we do?"

People will do what they need to do in order to survive and protect what is theirs. We have seen this behavior in similar circumstances of the past, it is effective. What next, a trend toward armed encampments across the nation?

All Empires fail and they all follow the same pattern in that process. We are witnessing the process of collapse for yet another Western Empire.

“What experience and history teach us is this—that people and governments never have learned anything from history, or acted on principles deduced from it.” (Hegel)

Money:
Stage 1. A country starts out with good money which is either gold or silver or backed by gold or silver.

Stage 2. As it develops economically and socially it begins to take on more and more economic burden adding layer upon layer of public works.

Stage 3. As its economic affluence grows, so does its political influence and it increases expenditures to fund a massive military.

Stage 4. Eventually it puts its military to use and expenditures explode.

Stage 5. To fund the war it steals the wealth of its people by debasing their coinage with base metals or by replacing their money with currency that can be created in unlimited quantities.

Stage 6. The loss in purchasing power of the expanded currency supply is sensed by the population and the financial markets triggering a loss of faith in the currency.

Stage 7. A mass movement out of the currency into precious metals and other tangible assets takes place. The currency collapses and gold and silver rise in price as they account for the huge quantity of currency that was created. This process transfers massive wealth to those who had the foresight to position themselves beforehand in real money, gold and silver.
edgetraderplus.com

Cultural life cycles:

1. The age of outburst (or pioneers).
2. The age of conquests.
3. The age of commerce.
4. The age of affluence.
5. The age of intellect.
6. The age of decadence.
7. The age of decline and collapse.
ucg.org
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