Socio-Economics History Blog

Socio-Economics & History Commentary

Norcini: If History is Any Guide, This is Going To End Badly!

  • Norcini – If History is Any Guide, This is Going to End Badly! 
    by www.kingworldnews.com
    With global stock markets trading in the red and continued volatility in gold and silver, today King World News interviewed legendary Jim Sinclair’s chartist, Dan Norcini.  Norcini said he is seeing disturbing parallels between what is happening today and what has already taken place in history.  Here is what Norcini had to say about the situation:  “I’ve read ‘The Decline and Fall of the Roman Empire,’ by Gibbon, and he might as well have been writing about modern-day America.  Our financial institutions are completely corrupt.”
    ….
    The Roman empire began to decline morally to the point where its own philosophers were expressing dismay over the decay.  The military also began to decline as more and more of its ranks were constituted by mercenaries.  At the same time, military incursions by the barbarians on the fringes of the empire were on the rise.
    ….
    The US has entered a similar period of decline.  The political system is broken and corrupt, and the major financial institutions now resemble criminal banking syndicates.  If history is a reliable guide, one thing you can be assured is this will end badly.
    -
    … for more click here!
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April 24, 2012 - Posted by | Economics, GeoPolitics, Social Trends | , , , , , ,

1 Comment

  1. Love it!

    Comment by thescarletnumbers | April 24, 2012


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