May 062015
The Next Empire – :Part Two Warfare From Doug Casey’s Editor’s Note: Ah yes, the great economic savior, Warfare. This country has historically turned to our military industrial complex to solve our economic and political problems until now, none of our leader can see any other way. Wars are expensive. They cost money use up other national resources. Wars are destructive of capital and human resources. They are disruptive of trade, resource availability, and labor management. war generally impedes economic development and undermines prosperity. Large wars constitute severe shocks to the economies of participating countries but long wars decimated the economies. We have been at war too long. Our empire is collapsing. Warfare is often the death knell of a declining empire—both in its extreme financial cost and in its ability to alienate the peoples of other countries. In the new millennium, the US has invaded more countries than at any other time in its history and appears now to be in a state of perpetual warfare. This is being carried out both militarily and economically, as the US imposes economic sanctions on those it seeks to conquer. This effort has become so threatening to the world that other major powers, even if they do not have a history of being allies, are now coming together to counter the US. The US is encouraged in its effort by an unnatural alliance between the countries of Europe. Although Europe is made up of many small countries, often with dramatically differing cultures, who have bickered with each other for centuries, the European Union has cobbled them together into an ill-conceived “United States of Europe.” Although the relatively new EU is already clearly stumbling and is on the verge of fragmenting, their leaders are desperately attempting to hold the unlikely alliance together with the help of the US. Meanwhile, the other major powers of the world are going full steam ahead to ensure that, when the US and EU reach their Waterloo, the rest of the world will carry on independently of the dying empire. They are not merely waiting along the sidelines for the collapse to come, awaiting their turn at the top of the pecking-order. They are actively preparing their position to, as seamlessly as possible, take the baton at a run. Resources: The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, (more…)
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. Share this:FacebookLinkedInTwitterGoogleTumblrPinterestReddit (more…)