The world is a mechanistic system. Everything that happens every moment of every day happens because of causes that happened before the reactions. You can't continue to spend more than you earn individuals or societies without getting it from some place, and that's a reality. One man's debts are another man's financial assets. And so it's a law that you will either pay that debt back with hard money, in other words, money that has not been depreciated in val. It had the monopoly on the biggest and best weapons,. which is why nobody wanted to fight for the new order - york City was founded by tycoons who thought they could change things forever. The U.
History, in the eyes of legendary investor Ray Dalio, is a perpetual motion machine. Nations rise and fall according to an inevitable cycle where peace and prosperity are always followed by depression and war. And in his new book, “Principles for Dealing with the Changing World Order,” Ray says the United States is now in the downward part of that cycle.
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