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A ‘plague’ comes before the fall: lessons from Roman history
A ‘plague’ comes before the fall: lessons from Roman history The ruins of the Colosseum in Rome. Credit: Livioandronico2013. CC BY-SA 4.0. The Pax Romana—the 200-year “golden age” of the Roman Empire—was a marvel of diversity, connectivity, and unchallenged hegemony. By the middle of the second century AD, imperial Rome ruled territory across three different continents. […]
When in Rome
When in Rome Over its last one hundred years, the State steadily devalued the currency by 98% The high cost of government—particularly, growing entitlements and perpetual warfare, coupled with a diminished number of taxpayers, led the government to massive debt, to the point that it could not be repaid. Those citizens that were productive began […]
Governments have been screwing up their supply chains for 2,000 years
Governments have been screwing up their supply chains for 2,000 years On the evening of March 16th in the year 37 AD, one of the most controversial emperors in Roman history appeared to be dying in his bed. Friends and family gathered to pay their final respects to Emperor Tiberius, who had ruled for more […]
How long will the US dollar’s dominance last?
How long will the US dollar’s dominance last? 301 AD was a big year for the Roman Empire. That was the year that, amid spiraling inflation, Emperor Diocletian issued his Edict on Maximum Prices, essentially fixing prices of just about everything across the Roman Empire. The price of wheat, a day labor’s wages, a quart […]
The American infrastructure, ancient Rome and ‘Limits to Growth’
The American infrastructure, ancient Rome and ‘Limits to Growth’ Infrastructure is the talk of the town in Washington, D.C. where I now live and with good reason. The infrastructure upon which the livelihoods and lives of all Americans depends is in sorry shape. The American Society of Civil Engineers 2021 infrastructure report card gives the United States […]
The American infrastructure, ancient Rome and ‘Limits to Growth’
The American infrastructure, ancient Rome and ‘Limits to Growth’ Infrastructure is the talk of the town in Washington, D.C. where I now live and with good reason. The infrastructure upon which the livelihoods and lives of all Americans depends is in sorry shape. The American Society of Civil Engineers 2021 infrastructure report card gives the United States […]
Riots in Rome of Tyrannical Lockdowns
Riots in Rome of Tyrannical Lockdowns We have confirmation from readers in Rome that there has been a protest in Piazza Montecitorio which began as a sit-in protest by restaurateurs and other categories were taking place today on the emergency closures for Covid. The peaceful protest has degenerated into a clash between protestors and police forces who […]
Revealing History
Revealing History COMMENT: I find it interesting how two people the general consensus has said were scoundrels, John Law and Julius Caesar, you have shown were actually people against the establishment. I read your Anatomy of a Debt Crisis and you have put together the contemporary historians where everyone else just seems to rely on the fake […]
Has Our Luck Finally Run Out?
Has Our Luck Finally Run Out? We are woefully unprepared for a long run of bad luck. Long-term cycles escape our notice because they play out over many years or even decades; few noticed the decreasing rainfall in the Mediterranean region in 150 A.D. but this gradual decline in rainfall slowly but surely reduced the grain […]
Blain’s Morning Porridge – July 10, 2020 – The World Shifts
Blain’s Morning Porridge – July 10, 2020 – The World Shifts “Carthago delenda est” Did you feel the world wobble last night? As Washington imposes sanctions on top level Chinese officals over ethnic abuse in Xinjiang, and waits for Trump to sign “autonomy” action over Hong Kong targeting officials over the new security law, […]
Eight Phases of Crisis: COVID-19 Edition
Eight Phases of Crisis: COVID-19 Edition “You had a dishwasher box to sleep in? I didn’t even know sleep. It was pretty much twenty-four seven ball gags, brownie mix and clown porn.” – Deadpool One girl I dated in High School asked if she used too much makeup. I replied, “Dunno, depends on if you are trying […]
1177 BC – The Collapse of Society System-Wide
1177 BC – The Collapse of Society System-Wide QUESTION: I do not believe you have ever commented on Eric Cline’s book 1177BC, the year civilization collapsed. Do you think this is likely what we face or is this different? WL ANSWER: There were about eight civilizations that all collapsed with the exception of Egypt post-1250 BC. […]
Following in Rome’s Footsteps: Moral Decay, Rising Inequality
Following in Rome’s Footsteps: Moral Decay, Rising Inequality Here is the moral decay of America’s ruling elites boiled down to a single word. There are many reasons why Imperial Rome declined, but two primary causes that get relatively little attention are moral decay and soaring wealth inequality. The two are of course intimately connected: once the […]
