Daily Archives: March 10, 2010

***ALERT*** Collapse of the American Empire: swift, silent, certain – Commentary: Historians warning of a sudden ‘thief at night,’ an ‘accelerating car crash’

http://www.marketwatch.com/story/the-rise-and-certain-fall-of-the-american-empire-2010-03-09

Excerpts:
Now, Harvard’s Niall Ferguson, one of the world’s leading financial historians, echoes Diamond’s warning: “Imperial collapse may come much more suddenly than many historians imagine. A combination of fiscal deficits and military overstretch suggests that the United States may be the next empire on the precipice.”You’ll find Ferguson’s latest work, “Collapse and Complexity: Empires on the Edge of Chaos,” in Foreign Affairs, the journal of the Council of Foreign Relations, a nonpartisan think tank. His message negates all the happy talk you’re hearing in today’s news — about economic recovery and new bull markets, about “hope,” about a return to “American greatness” — from Washington politicians and Wall Street bankers