There is the belief that “HISTORY WILL EVENTUALLY REPEAT ITSELF.”
WILL THIS BE TRUE OF THE UNITED STATES OF AMERICA?
Should we be more concerned about the following:
PRINTING MONEY vs GOLD RESERVES
WARS AND CONFLICTS
DEPENDENCE ON OTHER COUNTRIES
If your study of economics and world history is a little rusty, here is an animated video that may be helpful. It is an easy to understand look at principles that have shaped the history of the world’s greatest countries.
Is the World Order about to change in the 21st century?
If so, what will be the causes according to past history?
(Special note :The author, Ray Dalio, of this video has not included Russia in his analysis. China and the U.S. are primary in this writing of nation building as super-powers or their decline…without any details on the threat of “nuclear” world war. I found it interesting that he mentions the decline of family life, honored principles and the lack of initiative of those given too much.)
VIDEO…turn on sound