Recession in Western World
World War-II brought down the supremacy of the British Empire. The current recession brings down the supremacy of the US Empire and rest of Western World.
US was the undisputed leader and super power after the second world war.
Using inflation to drive western economies forward is like using doping to get improved performance out of our body.
Performance rises dramatically but in the end the body (economy) doesn't work anymore or even dies.
before christ: Aristotle's dreams cause Aristotelian Paradigm (the myth 'immaterial' superiority)
17th century: Rise of the Western world. Industrialism, Capitalism
Prolonged political dominance of the nations of the Western world.
End of 19th century: Rise of the United States as new Roman Empire.
2 world Wars, Cold War, War on Terrorism, Printing of Money.
Recession.
Take care: an economic recession (rational recession) is per definition temporary, a real life recession is like the tumbling down of domino's.
After the change things find a new balance
Worlds based on individualism (egoism) count only 'economic value' (individual profit). In the end that fails, nature is based on balancing.
