“..Collapse of the American Empire: Swift, Silent, Certain..(Commentary: Historians warning of a sudden ‘thief at night,’ an ‘accelerating car crash’)..”
“..One of the disturbing facts of history is that so many civilizations collapse,” warns anthropologist Jared Diamond in “Collapse: How Societies Choose to Fail or Succeed.”
Many “civilizations share a sharp curve of decline.
Indeed, a society’s demise may begin only a decade or two after it reaches its peak population, wealth and power.”
Now, Harvard’s Niall Ferguson, one of the world’s leading financial historians, echoes Diamond’s warning: “Imperial collapse may come much more suddenly than many historians imagine.
A combination of fiscal deficits and military overstretch suggests that the United States may be the next empire on the precipice.”
Yes, America is on the edge.
Dismiss his warning at your peril.
Everything you learned, everything you believe and everything driving our political leaders is based on a misleading, outdated theory of history.
The American Empire is at the edge of a dangerous precipice, at risk of a sudden, rapid collapse.
Ferguson is brilliant, prolific and contrarian.
His works include the recent “Ascent of Money: A Financial History of the World;” “The Cash Nexus: Money and Power in the Modern World;” “Colossus: The Rise and Fall of The American Empire;” and “The War of the World,” a survey of the “savagery of the 20th century” ..
.. where he highlights a profound “paradox that, though the 20th century was ’so bloody,’ it was also ‘a time of unparalleled progress.’”
Why?
Throughout history imperial leaders inevitably emerge and drive their nations into wars for greater glory and “economic progress,” ..
.. while inevitably leading their nation into collapse.
And that happens suddenly and swiftly, within “a decade or two.”
You’ll find Ferguson’s latest work, “Collapse and Complexity: Empires on the Edge of Chaos,” in Foreign Affairs, the journal of the Council of Foreign Relations, a nonpartisan think tank.
His message negates all the happy talk you’re hearing in today’s news —
–about economic recovery and new bull markets, about “hope,” about a return to “American greatness” —
– from Washington politicians and Wall Street bankers..”
(and..)
Four. Destruction of the Empire
Then comes ‘The Destruction of Empire,’ the fourth stage in Ferguson’s grand drama about the life-cycle of all empires.
In “Destruction” “the city is ablaze, its citizens fleeing an invading horde that rapes and pillages beneath a brooding evening sky.”
Elsewhere in “The War of the World,” Ferguson described the 20th century as “the bloodiest in history, one hundred years of butchery.”
Today’s high-tech relentless news cycle, suggests that our 21st century world is a far bloodier return to savagery.
At this point, investors are asking themselves: How can I prepare for the destruction and collapse of the American Empire?
There is no solution in the Cole-Ferguson scenario, only an acceptance of fate, of destiny, of history’s inevitable cycles.
But there is one in “Wealth, War and Wisdom” by hedge fund manager Barton Biggs, Morgan Stanley’s former chief global strategist who warns us of the “possibility of a breakdown of the civilized infrastructure,” ..
.. advising us to buy a farm in the mountains.
“Your safe haven must be self-sufficient and capable of growing some kind of food … well-stocked with seed, fertilizer, canned food, wine, medicine, clothes, etc. Think Swiss Family Robinson.”
And when they come looting, fire ‘a few rounds over the approaching brigands’ heads.’..”
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