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The cause of the fall of a civilization occurres when the cultural elite became a parasitic elite.
Here’s what three of the experts have to say:
- Edward Gibbons in The Decline of the Roman Empire wrote, “The decline of Rome was the natural and inevitable effect of immoderate greatness. Prosperity ripened the principle of decay…”
- Arnold J. Toynbee in his A study of History wrote, “The cause of the fall of a civilization occurred when the cultural elite became a parasitic elite.”
- Jeffrey A. McNeely suggested, “A review of historical evidence shows that past civilizations have tended to over-exploit their forests and that such abuse of important resources has been a significant factor in the decline of the over-exploiting society.”
Now that China is nearing its goal—in about 15 years China’s middle class will outnumber the entire population of the United States—it has an excess of steel and is exporting that excess at lower prices to other countries creating stiff competition across the globe. For instance, the ISSB reports that from 2013 to 2014 China increased its steel exports by 53% from 57.9 million to 88.6 million tonnes while the United States saw a 5% drop in its steel exports.
With the United States so obsessed to be #1 in everything—except for reducing the poverty rate—its capitalist oligarchs must be obsessively stressed out and worried that they are going to lose their Imperial crowns.
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