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Paul Kennedy posits that continued deficit spending, especially on military build-up, is the single most important reason for decline of any great power. The costs of the wars in Iraq and Afghanistan were as of 2017 estimated to run as high as $4.4 trillion, which Kennedy deems a major victory for Osama bin Laden, whose announced goal was to humiliate America by showcasing its casualty ...
The current U.S. economy does share some similarities to Rome’s situation prior to the empire’s fall. Mitchell says the major economic problem Rome faced was its precious metal-based currency.
Robert Kiyosaki warns the S&P 500 is 'about to crash by 70%' — compares the US economy to the fall of ancient Rome and says 'stupidity repeats.' ... At the same time America’s debt is the ...
A TikTok with over 1 billion views argues that men think about the Roman empire a lot—and gloomy billionaires are no exception.
This claim is also reinforced by the history of Spanish colonization of the Americas, which a lot of Hispanists claim is the definitive proof that Spain is the most accurate heir of Rome's imperial legacy, as Spain was important for the culture of a continent, America (the New World), like Rome was to Europe (the Old World), some even claim ...
Todd attracted attention in 1976 when, aged 25, he predicted the fall of the Soviet Union based on indicators such as increasing infant mortality rates. In the late 1970s, Todd was widely pronounced an "anti-communist", just as, following the publication of After the Empire, he has been attacked as "anti-American".
The fall of Rome in 476 is a historical turning point that was invented nearly 50 years later as a pretext for a devastating war. In September of 476 AD, the barbarian commander Odoacer forced the ...
The Italians of Rome continue to identify with the demonym 'Roman' to this day. Rome is the most populous city in Italy with the city proper being home to about 2.8 million citizens and the Rome metropolitan area to over four million people. [148]