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Old 8th Dec 2008, 14:50
  #14 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
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Airline sponsorships to return in a few years they reckon?

Not if the Western Nations are now in the final run up to economic collapse they won't. It is only a matter of 30 years or less before implosion occurs. It happened several times during the history of Egypt. It happened to the Chinese Empire. In fact human history is littered with examples of civilisations that ran out of money and so were unaable to support their infrastructure. When it happens the end comes fast.

What is happening in the Western Nations today is no different to what happened in the late stages of the Roman Empire. Rome was strong as it expanded and as long as the wealth of the conquered lands was channelled into the centre. When Hadrian fixed the boundaries of the Empire the chance to pplunder wealth from outside ceased. From then on materials that came in from outside the Empire had to be paid for with money rather than taken by force of arms. Protecting stability on the borders was done by buying favours from neighboring tribes. As a result taxes had to go up. Inflation was rampant and the currency was continually being devalued.

Gradually the Empire simply ran out of money. As the centre declined so the provincial cities became stronger. When the control of the centre eventually failed the infrastructure started to collapse. The cities then started to fade as they could no longer engage in trsde for the raw materials that they needed. The countryside then ceased to supply the food that the cities required. The rest is history.

The analogy with the modern world is clear.


Or this may just be tough times that started in America but which Britain is best placed to ride out..


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