Summarized, every civilization collapses the same way: "They fail because of their success. New generations are born into a level of high prosperity which makes them (or give them the ability) to be lazy and breeds sense of entitlement. In the prosperous society people work hard and the quality of life improves, everyday things get better rapidly. Then what happens is the propsperity curve becomes asymptotic. Things get better by smaller and smaller proportions. This new generation is not used to the working hard mentality, so they lack the perspective of their forefathers and ingratitude sets in." (hate for capitalizm, income inequality, etc.)
I look at that video and see a striking similarity to this: http://tvblogs.natio...-egypt-decline/
I really hope those who care about the fall of our economy take this history in consideration. I find it nearly identitcal, and if so it only means things will get worse.
Edited by Pssst, 28 January 2013 - 02:25 PM.