Its quite exciting watching in real time such a historic event as an empire collapsing from within.
I always read in history books about how empires collapsed or declined and I couldnt figure out exactly how their elites allowed that to happen.
But the last decade watching the US collapsing from within is truly an eye opener. I will be able to say to my grandkids how it felt to be living when the hegemon collapsed into nothingness
Human nature and behavior/cognitive biases don't change, and people/the elites react in the same way to the same problems across history, thus history repeats itself. Quick look at the economic history of China and the west shows money printing (or silver dilution in the Roman days) was done repeatingly to debase currency, increasing inflation, to pay for wars etc., throw in a flood or earthquake, while internal wealth & social gaps increase, then the empire collapses....allowing a reset.
The
I-Ching/Book of Changes tracks civilisational/geopolitical trends in 60 year periods which is quite astonishingly accurate. Likewise Ray Dalio's
The Changing World Order looks into this in more layman's terms, I'm into chapter 2 currently, very accessible although nothing really surprising for those of us that read and research history, geopolitics and cycles for decades, although he does present his content in pretty graphs.
