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2023-03-03 20:20:29

carlliwe on Nostr: . Interesting reading regarding the fall of empires: Von Greyerz: "Prepare For 10 ...

https://nostr.build/i/nostr.build_f16ff5a5ba6ab65f7f3a21c9f23a3a390323f77cec1962148ccd4529905bcc56.

Interesting reading regarding the fall of empires: Von Greyerz: "Prepare For 10 Years Of Destruction"
https://www.zerohedge.com/geopolitical/von-greyerz-prepare-10-years-destruction

Especially if you connect it to Ray Dalio's research of rise and fall of empires: https://youtu.be/xguam0TKMw8

Takeaways:
"THE STRUCTURAL DECLINE OF THE WEST
All empires are ephemeral and this is what the US and Europe are currently experiencing.

The final stages of empires, like the Han, Roman, Mongol, Ottoman, Spanish and British always include the same ingredients some of which are:

Excessive Debts and Deficits

Currency Collapse

Collapse of asset prices including property, bonds and stocks

Hyperinflation in the final stages, especially in food, commodities & services

Migration

High Crime Rates & Breakdown of Law & Order

Moral Decadence

Social Unrest, Civil War

Wars

As the West is now falling (& failing), we can tick all the above events also in the current collapse.

Global debt has exploded since 1971"

He recommends buying gold. Maybe not surprising since his company sells gold.
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