Interesting breakdown of a cycle for why empires are born, then fade….Notice the mention of a small insignificant country’s ability to morph and take on and conquer a decadent empire using ruthless and aggressive tactics…Israel?
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There are above-average empires and then there’s the trussed-up, below-average empire of the United States…whose “public” dialed the metaphorical 911 a long time ago…
But the public is the enemy…
(I won’t post the video here in deference to the Doc’s abhorrence of all things rap…but to complete the reference “Public Enemy: I dialed 911 a long time ago”.)
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Martin Armstrong, who draws in a lot of investment capital based on the performance of his predictive modeling software called “Socrates”, will often touch on cyclical trends in empires, from an interesting perspective: the currency of empires. Martin’s economic expertise is probably best concentrated in his FX trading (foreign exchange, i.e. currency), but he also is a student of history as it pertains to monetary trends. It turns out that currency manipulation goes back thousands of years, and the relative value (rising or falling, but generally the latter) of an empire’s currency is tied to their geopolitical standing.
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I would suppose currency manipulation in an empire fits into the slot of decadence when the public demands free food and entertainment as in the Roman Empire…nothing new under the sun.
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nothing new under the sun
Exactly. The currency manipulation of the Roman Empire era involved things such as counterfeiting, and clipping and shaving chunks off of the physical metal coins. Now, in the era of Keynsian economics, the manipulation doesn’t resort to mangling the physical currency. Instead, it’s a matter of flipping digits on a screen.
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Public, Enemy #1.
[been writing/saying that for years] = 17+
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Yep, like “there’s an app for that,” “there’s an org for that”. 
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