May 052015

The Next Empire – :Part One
Welcome The Next Empire
From Doug Casey’s

Editor’s Note:

It’s the old “Forest and Trees” paradigm, we who are living in the US have a very difficult time seeing what is really happening. Americans live with an unending “HOPE” that we’ll always recover and we’ll always expand our role as Number One in the world.

We now know we are not number one. People, stop listening to cable news, at least half of what they say is false. Our debt is 28 times greater than our income. Don’t they call that “upside down”. Once an Empire gets top-heavy like our government is now, almost anything will tip it into collapse.

Throughout history, political, financial, and military leaders have sought to create empires. Westerners often think of ancient Rome as the first empire. Later, other empires formed for a time. Spain became an empire, courtesy of its Armada, its conquest of the New World, and the gold and silver extracted from the West. Great Britain owned the 19th century but lost its empire due largely to costly wars. The US took over in the 20th century and, like Rome, rose as a republic, with minimal central control, but is now crumbling under its own governmental weight.
Invariably, the last people to understand the collapse of an empire are those who live within it. As a British subject, I remember my younger years, when, even though the British Empire was well and truly over, many of my fellow Brits were still behaving in a pompous manner as though British “superiority” still existed. Not so, today. (You can only pretend for so long.)
But this does suggest that those who live within the present empire—the US—will be the last to truly understand that the game is all but over. Americans seem to be hopeful that the dramatic decline is a temporary setback from which they will rebound.
Not likely. Historically, once an empire has been shot from its perch, it’s replaced by a rising power—one that’s more productive and more forward thinking in every way. Yet the US is hanging on tenaciously, and like any dying empire, its leaders are becoming increasingly ruthless, both at home and abroad, hoping to keep up appearances.