Falling From Grace: The Decline Of The US Empire -Zero Hedge
"If we observe the empires of the world that have existed over the millennia, we see a consistent history of collapse without renewal. Whether we're looking at the Roman Empire, the Ottoman Empire, the Spanish Empire, or any other that's existed at one time, history is remarkably consistent:
The decline and fall of any empire never reverses itself; nor does the empire return, once it's fallen....All empires follow the same cycle. They begin with a population that has a strong work ethic and is self-reliant. Those people organize to form a nation of great strength, based upon high productivity. This leads to expansion, generally based upon world trade. At some point, this gives rise to leaders who seek, not to work in partnership with other nations, but to dominate them, and of course, this is when a great nation becomes an empire. The twentieth century was the American century and the US went from victory to victory, expanding its power. But the decline began in the 1960s, when the US started to pursue unwinnable wars, began the destruction of its currency and began to expand its government into an all-powerful body. Still, this process tends to be protracted and the overall decline often takes decades....The US is presently in a state of suspended animation. It still appears to be a major force, but its buttresses are quietly disappearing...The final decline will occur with alarming speed."