It is difficult to find fault with Jim Quinn’s conclusion to his recent piece: The politicians, bankers and corporate titans running this country are too corrupt and cowardly to reverse the course on our path to destruction. The debt will continue to accumulate until our Minsky Moment. At that point the U.S. dollar will be [...]
Dr. Robert R. Owens explains the plight living on the downside of Western Civilization: Empires rise and empires fall and it is our lot to live on the declining end of Western Civilization: the greatest empire of all time (so far). No one ever gets to live in the world they were raised in. Time [...]
John Mauldin presented the following article by Niall Ferguson. Mr. Mauldin introduced it with his usual valuable insights and then Mr. Ferguson took over. It is an important read! Of particular interest is what Mr. Ferguson terms “killer apps,” those institutional innovations that began in the West and enabled Western societies to leap ahead of [...]
According to Albert J. Nock the State is little different from the Mafia: Taking the State wherever found, striking into its history at any point, one sees no way to differentiate the activities of its founders, administrators and beneficiaries from those of a professional-criminal class A video presentation by an “insider,” John Perkins, seems to [...]
Nothing needs to be to added to the following from James Quinn: The hubris of great empires leads them to believe they have been chosen by God as a special nation destined for eternal wealth and success. The seventeenth century Spanish empire thought so. The Dutch and their glorious maritime empire thought so. The all-powerful [...]
“America is crumbling from the foundation up, and yet we gather around the TV, talking about a fresh paint job and a new screen door, both bought on credit, while handing our grandchildren a bill they’ll never be able to pay. The only way we can live with this lie while perpetrating these despicable acts [...]
Niall Ferguson opines on decline of the US empire: Given its massive deficits and overseas military adventures, America today is similar to the Spanish Empire in the 17th century and Britain’s in the 20th, he says. “Excessive debt is usually a predictor of subsequent trouble.” To view video or read transcript, click here.