10-14-2017, 07:44 PM
(10-09-2017, 06:10 PM)pbrower2a Wrote:(10-07-2017, 09:02 PM)Galen Wrote: At this point even the normal financial press is starting to realize what the dollar losing reserve currency status means for the US. The unipolar world that started with the collapse of the Soviet Union is coming to a close as the US empire fades.
Basic needs get meet first, let there be a revolution. I have been re-reading Piketty's Capital in the 21st Century in which (among much else) Piketty discusses much -- including the economic conditions in France on the eve of the 1789 Revolution. Land rents were a gigantic share of the economy, and when the social order broke down the land rents that had been easy money for an aristocratic elite were no longer sustainable.
Piketty is an idiot socialist without a clue. If the crony capitalism caused by the feds usurping power the Constitution does not end then things will get very ugly. The Dims won't do it but the R's might if it allows them to survive. The Dims seem to be pretty self-destructive these days.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises