Nothing is as permanent as we imagine–especially super-complex, super-costly, super-asymmetric and super-debt-dependent systems. Check which signs of Imperial decline you see around you: The hubris of an increasingly incestuous and out-of-touch leadership; dismaying extremes of wealth inequality; self-serving, avaricious Elites; rising dependency of the lower classes on free Bread and Circuses provided by a government careening toward insolvency due to stagnating tax revenues and vast over-reach–let’s stop there to catch our breath. Check, check, check and check. Sir John Glubb listed a few others in his seminal essay on the end of empires The Fate of Empires, what might be called the dynamics … Continue reading The Telltale Signs of Imperial Decline