The political decline of the Empire feeds into its economic decline. From Alasdair Macleod at alasdairmacleod.substack.com:
This year is likely to see wealth destruction on a massive scale. The reason this is not widely anticipated in financial markets is due to a mistaken belief that interest rates are at their peak and will decline over the year. The reason interest rates will rise is due to the colossal mountain of government debt to be financed and the restriction of commercial bank credit for non-financial businesses, forcing borrowing rates up and guaranteeing an economic slump.
This article summarises the economic outlook, the consequences for government finances, the fragility of the banking system, and the prospects for financial asset values. All these factors are inter-related to combine in undermining the value of fiat currencies in a widespread flight from credit.
Only direct ownership of gold, which remains legal money despite five decades of US and state-educated economists’ propaganda that it is not, protects citizens from the mounting threat of a collapse in the value of credit.
Which all started with the cultural Marxism infused Long March by the Frankfurt School.
What a way to say thank you for letting them come here.
Taking economic Marxism and applying to culture was cooked up by comrade Gramsci?
How is that oppressed/oppressor dynamic going to work under DEI and 60 years of muh cibil rights?
Marx was such a 19th century German bum, he stole all his junk from Hobbes and the Jacobins!
Fun fact-of the three children of Marx only one lived as the other two starved to death while he has puking up his everlasting curses.