153 Comments
May 26Liked by Alex Krainer

Unfortunately, too many people don’t know that it was Germany’s economic success after its unification in 1871 that by the 1890s persuaded England’s economic elite to cause the destruction of Germany by a major European war. The German economy was overtaking Britain’s and had to be stopped by any means. Not much different from what the western elites are trying to do today with China. History certainly provides interesting lessons and they never learn as American philosopher George Santayana suggests.

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May 27Liked by Alex Krainer

That brings in Mackinder's thesis that those who control middle Eurasia, controls the world. England and its Slave Masters did everything in their power to make sure Germany and Russia did not ally and create an economic system that would rival England's.

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Jun 1·edited Jun 1Liked by Alex Krainer

I stumbled across this other book with the same title from 1854 on Internet Archive.

https://archive.org/details/greatreddragonor00gavi/page/n7/mode/2up

Wow!

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I wish people could a read FREMDBESTIMMT - 120 Jahre Lügen und Täuschung (FOREIGNDETERMINED - 120 of Lies a Deception), 2022. The book is not available in English. I received a copy from a German acquaintance since Amazon Germany, though lists it, cannot ship it to the U.S. where freedom of speech is supposedly protected. Reading it makes it quite clear why this book (very sourced and full of quotations is not welcome. It would be an eye opening experience for any American to learn the real reasons for WW I and the disastrous consequences that followed the Versailles Treaty. The second chapter is titled GERMANY AND RUSSIA VICTMS OF THE SAME ACTORS (CULPRITS). The history about the twentieth century has been determined by the victors and, unfortunately, German and other European historians have intellectually brainwashed. Anyone who has a good grasp of German should read it. BTW, the German economy alone was already overtaking Britain’s by the the 1890s. By 1913 it produced more stell than Britain, France and Russia combined. In 1913 on the 25th anniversary of emperor Wilhelm II THE NYT praised him as a statesman of peace. By 1915, after the sinking of the Lusitania which for all intends and purposes was a warship loaded with U.S. weapons and ammunition, the “peace” loving emperor was declared a war criminal and monster by the same NYT. This alone should alert thinking people about similar designations of other non western politicians in recent years.

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Author Docherty may have read it while writing "The Secret Origins of the First World War" or Hidden History.

http://bit.ly/originsWw1

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Will have to check it out.

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The German Baghdad Railway was the final straw for snit-prone and perfidious Brits. It would have provided the oil that would have assured Germany's dominance and upcoming status as the empire to replace the Brits. So of course they resorted to any excuse to 'derail' such plans, in spite of their losing a generation of young men and only buying another twenty years before the whole thing melted down.

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The simple truth is that Germany had no desire to “dominant.” The emperor and his team offered the Brits participation in the construction of the railway. It was all perfidious Albion strategy that preceded the creation of a unified Germany by at least two hundred years.

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I'm not denying nor implying Germany's intentions were in some way underhanded or unethical. It was the Brits who could not countenance anyone else threatening their primacy, much like their current UK-US tango to dominate.

The UK and France both ignored Stalin's pleas to mutually intervene in Czechoslovakia too, before Mr Hitler came calling. In fact, the Russians were willing to go it alone up until the last minute, but PM Benes did not respond.

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I think that is what I implied. Hitler and the whole Nazi catastrophe would never have happened if WW I never had occurred.

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May 26Liked by Alex Krainer

Excellent piece of work here Alex.

Perfectly frames what the real empirical leviathan is, that controls all other facets of periodic empire: -Bankers-

Never a more vile and repulsive kind than they are, the essence of usury and greed. Seemingly formless yet ubiquitous at the same time.

All in an effort to live on like a insatiable vampiric parasite, draining the life blood from one unsuspecting culture after another. Visible Empire after visible empire.

All fall to the ashes of history, but the banker remains.

Thus, to free humanity from this scourge, humanity must understand this mortal enemy to freedom and sovereignty. Vanquish it, and move past this era of conquest, hegemony and greed.

Perhaps a brighter future is ahead for the human race, though sadly I don’t see it coming to fruition as long as people still buy into this cancerous system.

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author

Thank you!

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May 27·edited May 27

@AlexKrainer I dont have a lot of hope either. There is also evidence that points to all the chemicals, toxins, and various kinds of radiation in our environment that are affecting our ability to be healthy and reproduce. we may even see a population collapse by this century. The BRICS+ countries are not real opposition. I think we need to set up parallel systems.

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Right on about China. They didn't make the people absorb the crash because they don't put their money in stock markets as much as we do.

I'm still amazed at how people haven't realized that it's a rigged game that depends on exponential levels of growth to satisfy.

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author

The Chinese are absolutely obsessed with their stock markets and gamble like mad. But a crisis in one sector of economy doesn't pull a wave of foreclosures and bankruptcies as we have it in the West. The government manages the crisis; in the West, the oligarchy does its predatory thing.

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But that's Chinese people not big banks using leverage to flip everything.

I guess our issue in the west is that they allow betting with borrowed capital.

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author

Yes, correct.

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The Chinese have bet with borrowed capital, maybe more than the west. Their "shadow bank" system is far larger than in the west. They created the biggest real estate bubble in history in the span of maybe 20 years. Everything we do in the west, they do bigger and faster. Xi appears to be trying to reign all that in. Ultimately, China was built with western Oligarch capital, just as the US was 100 years ealier. The Chinese just did a better job of hijacking it for their own good than the US did. We in the US are still a captured entity.

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May 27·edited May 27Liked by Alex Krainer

A short primer of how money works in a modern economy. Any Sovereign country can create it's own currency for domestic use out of thin air. This is called FIAT currency. The USA creates USD. China creates Yuan (RMB) for it's domestic economy. Some Chinese citizens bet with borrowed capital but NOT the CPC government. Now, in order for China (or any country) to NOT become a Zimbabwe, this credit creation must be used to "increase productivity". That is, raise the populations standard of living and create/manufacture goods and services of value. If this is done effectively, you have an internal economy, foreign trade and growth; ALL necessary for a healthy society. As for debt, not all debt is the same. Debt in your own currency is harmless because you can print it and pay the debt. However, when debt is owed in a "foreign currency" then a country can run into trouble if it cannot earn said currency (via trade) to pay the debt. Hopefully you are aware that China has a large "trade surplus" and is holding the largest reserves in the World.

As for China's "property bubble", this was created by crafty speculators (foreign and domestic) and NOT the Central CPC government. Certainly corrupt local government officials were involved. Anyway, the CPC has decided to "print money" to buy up unsold properties to help speculators so nobody goes bust (speculators will get back a percentage of a dollar BUT not full value). As an example, think of the US government during the Financial Crisis when it bailed out the big banks. China is doing the opposite and bailing out the "little guy" so the "big guy" is screaming (Western propaganda).

Anyway, there is a lot more context to this "property bubble" but I'm too lazy to explain further. Hope you learned something.

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author

Excellent insights, thank you!

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May 27·edited May 27

china isnt real opposition to anything

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And very light penalties,if any,when caught!

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May 25Liked by Alex Krainer

I've read one analysis of China's prosperity being triggered by the switch from centralised state banking to allowing the creation of thousands of local banks. Perhaps you wrote that?

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author

That's my understanding too, but din't remember if I wrote about it yet.

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May 26Liked by Alex Krainer

That's a central thesis of Professor Werner's teachings ie smaller, regional banks make loans to smaller, regional companies that the large national banks would never touch. He also argues it was a key component in the reindustrialization of Germany, after WW2.

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The Oligarchy is the Government in Washington!

Since 1913!

The Federal Government operates in an illegal & unconstitutional manner!

The Federal Government's Constitutional Mandate is very limited by law.

The Federal Government has been warped into a giant & all powerful Central Government to serve the needs of the bankers.Bankers who have turned America into a financial colony ( Colonel House)

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Too sensible for this SubStack.

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Right OFF about China. Here's the model: dirt poor population at the end of a long war; take away everything: land, pots and pans (Great Leap Foreward); no one allowed to buy or sell anything ; markets strictly forbidden. Keep the lid on for 30 years - then lift the lid. Wow - 30 yrs of continuous growth.

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May 26·edited May 26Liked by Alex Krainer

Western propaganda serves Imperialism thus what you think you know is mostly false. To understand China, you need to understand "Mao". He is the architect and foundation of China today. The following 3 part chat with Carl Zha is entertaining and insightful, especially for the 99% under Western indoctrination.

Part 1: Mao: The Sino-Japanese War: https://www.youtube.com/watch?v=qciDAmjD7G8&t=170s

Part 2: Mao: The Civil War and The Great Leap Forward: https://www.youtube.com/watch?v=2u-0PdRxtWU&t=25s

Part 3: Mao: The Cultural Revolution: https://www.youtube.com/watch?v=AhQJ-tH4_uY&t=168s

As for you're China model, the only thing correct is China was dirt poor after a Century of Foreign Colonialism (looting), Civil Wars and Japanese Invasion. In short, China's rise is Socialism with Chinese Characteristics: State Banking using credit creation to serve society. Raise literacy rate from 13% in 1948 (founding of CPC) to 75% by 1976 (Mao's death); it is currently over 97%. Increase average lifespan via nutrition and health care; 38 yrs (1948) to 78.8 yrs (2023). Mixed economy with a healthy dose of Industrial Capitalism.

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author

Thank you!

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excellent thanks, I am only learning history now.

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May 25Liked by Alex Krainer

The British empire and the bankers of London still control the US

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author

Yes, correct.

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Or more succinctly, the City of London (not London city).

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precisely

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May 25·edited May 25Liked by Alex Krainer

The expansion followed by the withdrawal of credit by Central Banks is a process described very well by Professor Werner, in his great book "The Princess of the Yen"

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author

Yes, a masterpiece!

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May 25Liked by Alex Krainer

Alex, love how simple you make economics and finance. Thank you for your inquisitiveness.

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author

That's very kind of you Dorothy, thank you!

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May 26Liked by Alex Krainer

What that empire did to the Irish people between 1845 to 1850 in particular was horrendous , while millions were starving to death they exported all the produce out of the country , they even had the world butter market in Cork city at the time and Odlums flour today proudly have on their package today that they opened their first flour mill in portarlington "my local town in the midlands" in the year of 1845 , so they even processed the wheat here before taking it out of the country. I know the future is going to be difficult and uncertain Alex but for Ireland I would like to see us going back to the punt and standing strong on our own two feet and trade with who we choose . People like John Waters I honestly feel are our only chance of real change , I feel their are more like him out there and just pray they find the courage in themselves to join him . Thank's for the history lesson.

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author

Thank you Richard. Yes, John Waters is a beacon.

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May 26Liked by Alex Krainer

I only learned the truth about the brutality of the English occupiers toward the Irish recently in reading Timothy Egan's book, "The Immortal Irishman," about patriot Thomas Meagher (1823-1867). I was educated in the U.S. school system and had never heard that during the years of the "potato blight," the Irish people produced a bumper crop of food, but they were not allowed to eat it. The meat and grain were for export only; the citizens were mercilessly oppressed and made to starve. Ask an American today about the Irish famine, and they will all tell you it was the bad weather and infected potatoes which took the sole crop from the mouths of the people.

John Waters is extremely eloquent. Would the globalists allow him into office? He was recently interviewed by Richie Allen.

https://www.podomatic.com/podcasts/richieallen/episodes/2024-05-07T10_26_15-07_00

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May 26Liked by Alex Krainer

I believe in 1845 the start 9000 ships full of produce left Ireland and it was illegal to fish or hunt even to fish on the coast .Ye I listened to John and I agree he is excellent, I once about two years ago was at an event with John and Alex talking. Will they allow him ,don't know but time will tell.

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Irish independence from the largest empire of all times still sounds incredible to me... By the way, they did the same thing in India, starving millions.

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May 27Liked by Alex Krainer

Yes they did the same in India and their cruelty to ordinary people for profit is honestly baffling to my mind. I spent a few weeks with a friend traveling Karalla about twenty years ago and it is beautiful , stopped at a tea plantation to take some photo's and the name on the gate was " Connemara Tea " Connemara is a region in the west of Ireland , so probably owned by the same english lord. I hope I spelt the region correctly.

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May 25·edited May 25Liked by Alex Krainer

Even though Britain was at its zenith of power in the mid 18th Century and even with it teaming up with France, it failed in its attempt to take Archangel, St.Petersburg and a Pacific Coast seaport (1850's). After a very long siege, they eventually took Sevastopol but at such a cost that they gave up and returned home. The events are known in Russia as 'World War Zero' (ie the precursor to WW1) and to the rest of us as the Crimea War.

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In Russia that war is called Крымская война, Crimean War.

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Star Media did an excellent documentary on the conflict and they referred to it, throughout, as World War Zero.

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Thank you for this. I found it.

Perhaps now they refer to it this way. I was born and lived in Russia most of my life and I never heard of this term. But it is factual and correct.

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By the way, Star Media have an amazing catalog of (Russian language, English dubbed) movies, documentaries and series, available for free on YT. Most of them are focused on Russian culture (that is their primary audience, after all) but they also tackle other topics too. Just watched a two part series on the sinking of the Titanic and it was excellent.

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Thank you very much. I will have a look.

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May 25Liked by Alex Krainer

Excellent article!

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author

Thank you, Fadi!

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The Empire will collapse... but it might take longer than we have left. It is quite likely for the older members of the audience that we will not see it fall in their lifetime.

Even I'm not confident of it, and I'm 28!

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Exactly. I gave up on waiting for "the collapse" years ago. They still have a lot of tricks up their sleeves I figure.

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Prolly better to enjoy the decline, hoard yo assets, enjoy yo hobbies, wait for the opportunity to become a 21st Century Warlord, pass the dream on to your kids if any.

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Yup.

Gordon Brown, the seller of gold at the 'nadir:... "There is no more boom and bust'... However as psychopaths go, he is a pale imitation of Blair, the next WEF star trek garbled leader. Sorry, garbed.

Now Keith, the ordained, because Richy is a stopgap pussy.

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It seems to me they are badly in need of psychopaths that can also win elections. Blair is valued by them in that he succeeded in winning three elections in a row. Most psychopaths can't even win one single election.

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Killed a lot of brown people too...

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My thoughts are probably too much, and too rambling, but from my perspective they're important. about books that helped me understand. You might feel the same, so I share the books, and links.

I have found Michael Hudson both eye-opening and exploratory when it comes to what has transpired over the last few thousand years. Read Michael Hudson's books on money and how the economy works starting with Superimperialism,

It is also important, 'necessary', only my opinion, to read his books on the history of debt along with this history you address, and I would suggest more reading (It's what I have done) about and from the early political economist the Physiocrats, Mill, Ricardo, Smith, Marx, and others.

There is a link to a free PDF of the second edition of Super imperialism in the file section of the Facebook group Celebrate Facebook Freedom.

And you will find an audiobook of the third edition here,https://youtube.com/playlist?list=PL8R-uen6FfFzJl-ja3MZiE3qMcWnA5a7i&si=awHUBhmSRph89pa_

next read Hudson's other books, and his books on the history of debt starting with Forgive them their debts, which concerns the bronze age... The jubilee, and Hammurabi etc.,2) The destiny of civilization, 3) The collapse of antiquity.(Hudson believes we made it wrong turn with Western civilization and Rome, when we made the repayment of debt sacrosanct. Before Rome got rid of its kings, debts were routinely canceled with each new king, and had been for over a thousand years. Here is the most recent video I've seen of Hudson discussing the mess of now! https://youtu.be/I6eq1mIXIAA?si=F2AQ-MdrZ9uVLFKx. Richard D Wolff is also a participant in this discussion.

Project Gutenberg has has free ebooks from the early political economists.

And Here's anotherj interview from Hudson. https://thenextsystem.org/what-is-junk-economics

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author

Thank you - great resources!

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Of equal value is David Graeber's 'Debt the first 5000 years'

https://duckduckgo.com/?q=david+graeber+debt+the+first+5000+years&t=ftsa&ia=web

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I've read portions of Graeber's book, I have it in my Kindle Paperwhite (My reading choice platform these days) and I agree with you, though I find Michael Hudson the superior writer. His words flow better. At least they did in his first book on debt, Forgive them their debts... The one on antiquity, The Collapse of Antiquity, I had to read twice and I probably should read it a third time. This is true of most of Hudson's books, for me, I need to read them many times before the knowledge becomes automatic and internalized.

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This is great. Good to find something new on this beyond all the better known books - great as they are. Edward Griffins book ‘The Creature from Jeckyll Island’ and Bill Still’s documentary ‘The Money Masters’ are especially notable. In terms of alternatives, Pietro Archiati’s ‘Money Matters, but So Does Trust’, Robert Sardello’s ‘Money - The Soul of the World’ have much to contribute.

I have also touched on such themes in my own posts, especially

michaelwarden.substack.com/p/the-economist-is-wearing-no-clothes

and

michaelwarden.substack.com/p/the-circular-economy

and will be writing more on them in future. (Posts are a bit slow at present as I am developing the thinking more comprehensively in a book - nearing completion).

Thanks for your great work - you are one of a handful of writers on my subscription list whose posts always compel to read from start to finish, rather than skim.

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May 26Liked by Alex Krainer

Do we know how soon London’s collapse will happen? I so dislike their arrogance.

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author

Yes, I think it's happening now.

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I hope you'll address this in one of your follow-ups. But I wonder: what stops them from moving to China or Africa? After all, La Compagnie Financière Edmond de Rothschild (LCFR) has had a presence in China for ages. They're in Johannesburg and all over the world, like almost every other bank in the Financial Crime Cartel.

As long as money exists in its current form, while "they" are shaping it into the more devious form of digital currencies controlled by central banks, they can move around as freely as their money. Once they've wreaked havoc in other countries, they can always come back "home" with a vengeance and reassert their dominance, right?

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An election has been called, expect the uniparty to form some "national unity" government in the face of escalation, and the inability to get a reset (where assets default into their laps). Frankly I expect they'll go the "sampson option".

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May 25Liked by Alex Krainer

"This predatory system was engineered a long time ago and it defined Western civilisation's character over the past few centuries."

Yes, that is true from a purely economic perspective. But there's a lot more to Western civilisation's character than just a long line of predatory money lenders screwing us over - starting with the pre-Socratics, Athenian democracy, Christianity, the championship of free thought, rational debate and scientific enquiry.

All empires collapse, granted. We may be past the zenith of the American empire but complete collapse may take centuries as did with Rome. Or not. No one knows the future for certain.

The Great Red Dragon. Strange name for a book about England given that the only red dragon motif in Britain belongs to the Wales.

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author

It's all accelerating. Pax Rimana lasted 200 years. USSR crashed and burned in just over 70 years.

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May 26Liked by Alex Krainer

Those 70 years were very very long...

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NOT 'collapse' but 'collapsed'... an active process by enemies of the empire not a passive who knows what happened process.

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