![]() ![]() We can see this every day in the social and political divisiveness, censorship, media manipulation, the appalling decline in trust, rising crime rates, popularity of socialism, wokeness, etc. ![]() The second major category of forces causing decline in the US are the Forces of Society. This is a critical trend to watch the past few centuries have proven a very clear link between energy and prosperity, and more expensive energy is a nasty, long-term barrier to economic growth. In other words, oil producer are having to burn more oil now to fuel their equipment, for every barrel of oil that they pump from the ground. We discussed this at length in last week’s podcast, when I walked you through the dynamics of how it now requires much more energy to produce energy than ever before. The first are the Forces of Energy, both natural and political, which have created rising energy costs that are now bordering on an energy crisis. I group these into four fundamental forces of decline– From a rational academic perspective, it’s very difficult to not see obvious and familiar signs of an empire in decay. It goes without saying that the United States is also in decline that’s not intended to be an emotional or controversial statement. Yet they too eventually declined, and the British Empire was ultimately displaced by the United States, which has now been the world’s leading superpower for decades. They dominated global trade and oversaw a period of relative peace now called the Pax Britannica. To this day the British Empire is still the largest ever in the history of the world, totaling more than a quarter of the world’s land mass. ![]() And no other European power could come close to France’s wealth or military capabilities.īut eventually the French, too, lost their way, and were eventually displaced by the British Empire as the world’s leading superpower. Over time, France ascended as the dominant superpower Paris became the global center of politics, commerce, and the arts. Society became decadent.Īs a whole, they lost the elements that made them strong and powerful to begin with, and the empire began to dwindle. Subsequent Ottoman rulers became complacent. The economy was strong and the treasury plentiful.īut in time that changed. Ottoman territory extend across three continents over nearly 2.3 million square kilometers. In the year 1566, at the end of the reign of the legendary Suleiman the Magnificent, his Ottoman Empire was the world’s dominant superpower. ![]()
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