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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (145390)1/13/2019 5:56:34 PM
From: THE ANT  Read Replies (2) | Respond to of 217638
 
Why would (9) default ever occur when one need just print? Yes inflation at some point if deficit spending not accompanied by bond issuance



To: TobagoJack who wrote (145390)1/13/2019 9:06:08 PM
From: Maurice Winn  Read Replies (1) | Respond to of 217638
 
That's an excellent summary of the situation TJ, with some scribbles from a bygone era to provide decades and centuries of perspective.

I came across Thomas Cole in Washington ca 1975 in four paintings about the voyage of life. They are similar to those 4 paintings about the rise and fall of civilisations.

I gave my good friend a copy of the voyage pictures by snail mail way back then. They were very close to how his life went, which ended in July, with his last years very close to the final picture.



Our son's life more closely matched the civilisation rise and fall. But also the first 3 pictures of the voyage four when the rapids, falls and storms overwhelmed him.

The Big Mac, Disneyland, cocaine and debt values of modernity are not robust.

Individual mistakes and suffering don't matter in the big picture but sometimes there is synchronisation and a feedback loop of runaway financial relativity theory leading to economic climate change and reglaciation. Singularities of event horizon black holes await, to mix a couple of metaphors.

A few such synchronized failures:
Roman empire devolution
Made in China desolation
Rhodesian collapse
Argentina implosion
Peruvian degeneration
Aztec conquest
USSR dissolution
Third Reich destruction
Maoritanga superseded
Mongol diminution
South Africa on the way out
British Empire abandonment
Greater East Asia co-prosperity sphere over reach.
Persians and Greeks had their day.

On the other hand there are some long-lasting successes who have not yet failed. Switzerland, Austria, hmmmm there must be more, though thinking of countries who have not failed for more than 200 years is tricky. The USA civil war for example can be considered a macro failure. I should check Swiss/Austria history.

We have now loaded the human realm with 8 billion [give or take a billion] largely co-dependent hordes. When England barely knew Japan existed, and each place lived on the production from their own neighbourhood, any collapse or war in one area did not flow to other areas. But now, the world is integrated and mutually dependent, with some more dependent than others. Hong Kong for example would do badly without external trade and financial relativity theory operation.

Mqurice