"The empire could no longer afford the problem of its own existence."
By Tyler Durden: With the US national debt at $34 trillion and climbing, USD reserve status under pressure, inflation destroying standards of living across The West, and the Biden administration stoking costly war on several fronts and roping the rest of The West to do the same, perhaps it's time for more thoughts on the Roman empire.
In a Tuesday thread posted to X, user 'Culture Critic' (@Culture_Crit) posted a deep dive into the unraveling of the Rome in the 3rd century. Let's jump in;
Does inflation lead to civilizational collapse?
— Culture Critic (@Culture_Crit) May 14, 2024
Well, in the 3rd century, the Roman Empire began to buckle under the weight of state spending.
It frantically "printed" money until things went horribly wrong... (thread) ๐งต pic.twitter.com/DRdCa6A8BO