A cautionary tale of the past? The Sumerians, The Ottoman Empire, The Persian Empire, The Greeks, The Romans the British and the former USSR, now the US of A. What do you think all of these great civilizations have in common?
Just one thing, they felt they could grow indefinitely. Perhaps it is in the blood of all alpha's to feel this way and yet look at where it gets them all. They over extended themselves and are forced to retract, it's the nature of the Universe.
Now it's only fair for the people who put the money up for the venture should get a return on their investment but when the profits to shareholders out weigh the common good of the country, that's when things get out of whack really quickly. If our corporate and legislative leaders don't remember their history very soon, we are destined to fall by the wayside just as all the others have.
It was never really one big thing in most cases that caused these collapses, it was a thousand little things, suddenly a generation of people are looking out into the world, wondering where'd it all go and how so very fast. 2008 was a warning, the next bubble that comes along may destroy us. Please take heed, America need not go the way of Ancient Rome or the Dodo but we're trying really hard.
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