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This Is How Empires Collapse

This is how empires collapse: one complicit participant at a time. Before an empire collapses, it first erodes from within. The collapse may appear sudden, but the processes of internal rot hollowed out the resilience, resolve, purpose and vitality of the empire long before its final implosion. What are these processes of internal rot? Here are a few of the most pervasive and destructive forces of internal corrosion:

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Source: charleshughsmith.blogspot.com

#news #economic collapse #merica #complicity #end the oligarchy #collapse of the empire #federal reserve #end the fed #roman empire #corruption #fail #reality #Charles Hugh-Smith

tuckfheman

charleshughsmith.blogspot.com

Artificial Abundance, Moral Hazard and the Federal Reserve's Doomsday Machine

A loss of faith in key institutions cannot be fixed with more cheap credit or subsidized mortgages.

Today's topic is important but a bit tricky; you may want to refill your beverage container before buckling in.

Moral hazard is the separation of risk from consequence. A person who knows they won't suffer the consequences of a risky bet gone bad will behave quite differently from a person who knows the full consequences of a risky bet gone bad will fall on them.

Source: charleshughsmith.blogspot.com

#Moral Hazard #Federal Reserve #Central Banks #Neo-Keynesian #Quantitative Easing #Roman Empire #Economics

tuckfheman

EU PLOT TO SCRAP BRITAIN

www.express.co.uk

By Macer Hall - Friday May 4,2012

SENIOR Eurocrats are secretly plotting to create a super-powerful EU president to realise their dream of abolishing Britain and other nation states, the Daily Express can reveal.

A covert group of EU foreign ministers has drawn up plans for merging the jobs currently done by Herman Van Rompuy, president of the European Council, and Jose Manuel Barroso, president of the European Commission.

The new bureaucrat, who would not be directly elected by voters, is set to get sweeping control over the entire EU and force member countries into ever-greater political and economic union. Tellingly, the UK has been excluded from the confidential discussions within the shady “Berlin Group” of Europhile politicians, spearheaded by German foreign minister Guido Westerwelle.

Opponents fear the plan could create a modern-day equivalent of the European emperor envisaged by Napoleon Bonaparte or a return to the Holy Roman Empire of Charlemagne that dominated Europe in the Dark Ages. They are concerned that David Cameron’s coalition Government is doing nothing to prevent the sinister plot. The secret talks were uncovered by Independent Labour peer Lord Stoddart of Swindon.

This is a truly ridiculous idea that must never be allowed to happen

Euro-MP Paul Nuttall, of the UK Independence Party

“This is a plot by people who want to abolish nation states and create a United States of Europe,” he said. “The whole thing is barmy. These people are determined to achieve their final objective.

“The only hope for Britain is to leave the EU and become an independent nation.”

The move will give further momentum to the Daily Express’s hugely popular crusade for Britain’s withdrawal from the EU.

Tory backbench MP Douglas Carswell said: “It doesn’t matter how you arrange the offices of these technocrats, they are useless at arranging our lives for us and they are not elected so they have no legitimacy.

“My worry is that the president will end up having the charisma of Van Rompuy and the economic management skills of Barroso.”

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