Interesting article about the 100 year cycle
http://www.zerohedge.com/news/2013-10-17/guest-post-why-i-stopped-worrying-and-learned-love-currency-collapse
http://www.zerohedge.com/news/2013-10-17/guest-post-why-i-stopped-worrying-and-learned-love-currency-collapse
"We still live in the 20th Century. Nothing much significant has changed
in our lives in the past twenty years. Symptoms of a deeper rot are
appearing here and there, foreshadowing a larger crisis, but the crisis
itself has not arrived yet. We still live in an era of Pax Americana, the old republic very much a strained and tired Empire now, with the U.S. Dollar as the world's reserve currency.
That is going to change.
The next task for History is to dismantle the untenable structures and
institutions put in place by late Modernity, which have been extended
now as far as they can go. Our debt-based monetary system will
collapse, our unbacked fiats will be worthless. The debts and
unmeetable obligations will all default."
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