{"id":34432,"date":"2018-05-22T05:55:25","date_gmt":"2018-05-22T10:55:25","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34432"},"modified":"2018-05-22T05:55:25","modified_gmt":"2018-05-22T10:55:25","slug":"investing-in-collapse","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34432","title":{"rendered":"Investing in Collapse"},"content":{"rendered":"
\n

Investing in Collapse<\/a><\/h3>\n<\/header>\n
<\/a><\/div>\n
For years, I\u2019ve been writing about Venezuela, describing it as the \u201cmovie\u201d by which we can view the future of other jurisdictions that are presently in decline.<\/div>\n
\n

The reason is that declining nations follow the same pattern, time and time again, over the centuries. This is not coincidence. The pattern exists because human nature never changes, regardless of the era or the locale. Political leaders make the same mistakes as their forebears, and the people of a nation react in kind.<\/p>\n

For this reason, countries have a sort of \u201cshelf life.\u201d They rise in prominence, due to work ethic and productivity. They then go through a period of abundance, which eventually deteriorates, due to complacency and apathy. Finally, they collapse into a period of bondage.<\/p>\n

If we recognize that this pattern has played out countless times over the millennia, we can track any given country and assess where it is at present, in the pattern. For example, Europe and North America are presently in the last stages prior<\/em> to collapse, Venezuela is in the process <\/em>of collapse and Cuba is in the post-collapse<\/em> recovery.<\/p>\n

But, although this may be historically interesting, of what value is it to us in terms of our own lives and the choices we make for our future?<\/p>\n

Well, we can observe Venezuela and see the effects of the present policies evident in our own country, if we happen to live in one that\u2019s on the verge of collapse.<\/p>\n

For example, we can see that ever-increasing largesse by a government\u2014on the backs of productive taxpayers\u2014is a major destructive trend. \u201cProtective\u201d tariffs and capital controls also lead to collapse. And excessive debt is a pathway to economic collapse.<\/p>\n

We can see from the recent history in Venezuela how these political mistakes caused their<\/em> collapse, and we can now observe how that collapse plays out.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Investing in Collapse For years, I\u2019ve been writing about Venezuela, describing it as the \u201cmovie\u201d by which we can view the future of other jurisdictions that are presently in decline. The reason is that declining nations follow the same pattern, time and time again, over the centuries. This is not coincidence. The pattern exists because […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,7],"tags":[150,196,6228,4190,11658,851],"class_list":["post-34432","post","type-post","status-publish","format-standard","hentry","category-economics","category-survival-2","tag-collapse","tag-decline","tag-international-man","tag-investing","tag-jeff-thomas","tag-venezuela"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34432"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34432\/revisions"}],"predecessor-version":[{"id":34433,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34432\/revisions\/34433"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}