THE BEST DESCRIPTION OF THE CURRENT SITUATION IS THAT A MEGA-CYCLE HAS CAUSED STRUCTURAL DAMAGE TO THE ECONOMY...
IS IT PERMANENT...? PROBABLY NOT...BUT PERHAPS... WHY?
BECAUSE SOMEONE WILL GET UP AND GO TO WORK TOMORROW...EVEN IF THE SPECULATORS AND DAY TRADERS DON'T!
AND EMPIRES DO FALL AND OTHERS TAKE THEIR PLACE...
READ MEDEIVEL HISTORY ON THIS POINT...ALMOST EVERY NATION HAD IT'S "IMPERIAL PHASE" ALAS, SOME TOO SHORT...
IMPERIAL RUSSIA WAS TAKEN DOWN BY THE MONGOLS...AND THAT "INCIDENT" LASTED FOR 300 YEARS!!
EVEN POLAND, LITHUANIA, AND TINY MOLDOVA WERE "EMPIRES" FOR A WHILE...ALAS A VERY LITTLE WHILE...
SO CYCLES CAN "DO YOU IN"... BUT THERE ARE ALWAYS OTHERS TO TAKE YOUR PLACE... LOOK AT THE UK IN THE 19TH CENTURY...TODAY A MERE SHADOW OF IT'S FORMER SELF...
SO IS THE AMERICAN EMPIRE ENDING...
THERE IS A GOOD CHANCE THAT IT IS...
EMPIRES BREED CORRUPTION AND DECAY... RECOVERIES ARE POSSIBLE...BUT TIME DOES NOT LOVE IMPERIAL GOALS...
EVEN ROME HAD IT'S "GOOD EMPERORS" IN IT'S FINAL LATTER DAYS... JUSTINIAN, CONSTANTINE, TRAJAN...BUT THEY RULED AGAINST A TIDE OF CORRUPTION AND DECAY THAT WAS OVERWHELMING IN THE END... THERE WAS ALWAYS A NEW BARBARIAN AT THEIR GATES SOMEWHERE...
BOTTOM LINE FOR TODAY...
YES IT'S CYCLICAL...BUT CYCLICAL DAMAGE CAN DESTROY YOU ... AND MEGA-CYCLES...OF GREAT AND HISTORIC GREED AND CORRUPTION ARE VERY DANGEROUS...THEY CAN DO PERMANENT AND IRREVERSIBLE DAMAGE...
THAT SAID MOST DAMAGE IS NOT PERMANENT... REMEMBER ENGLAND IS STILL AROUND...ONLY NOT AS AN EMPIRE...
THINGS CHANGE...AND SHIT DOES HAPPEN...
SOMETIMES THE HAPPY DAZE ARE NEVER QUITE HERE AGAIN...