User Tag List

+ Reply to Thread
Results 1 to 5 of 5

Thread: The Five Stages of a Country's Life

  1. #1
    Points: 91,744, Level: 73
    Level completed: 80%, Points required for next Level: 506
    Overall activity: 3.0%
    Achievements:
    Social1 year registered50000 Experience Points
    Mainecoons's Avatar Senior Member
    Karma
    19758
    Join Date
    Feb 2012
    Posts
    16,741
    Points
    91,744
    Level
    73
    Thanks Given
    10,256
    Thanked 6,426x in 4,419 Posts
    Mentioned
    258 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    217

    The Five Stages of a Country's Life

    http://www.zerohedge.com/news/2012-1...gns-life-cycle

    And from the same fellow, Ray Dalio:

    http://www.zerohedge.com/news/ray-da...-machine-works

    inevitability of his findings that "in all deleveragings, in the end
    they print money."
    A very educational set of references which, among other things, proves that the new demographic's faith that they are actually different is just so much BS.

    They are the same as the failures who preceded them and will fail for the same reasons.

    History really does repeat because there are always people who don't bother to learn about it or understand it. And they end up running things.

  2. The Following 2 Users Say Thank You to Mainecoons For This Useful Post:

    Agravan (11-12-2012),Captain Obvious (11-12-2012)

  3. #2
    Original Ranter
    Points: 247,518, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 99.5%
    Achievements:
    SocialRecommendation Second Class50000 Experience PointsOverdriveVeteran
    Awards:
    Community Award
    Captain Obvious's Avatar Senior Member
    Karma
    107878
    Join Date
    Jun 2011
    Posts
    39,290
    Points
    247,518
    Level
    100
    Thanks Given
    12,397
    Thanked 14,755x in 10,573 Posts
    Mentioned
    547 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    1121
    That was pretty good, but would have been excellent with real-life examples.

    Especially the stage 5 - in terms of successes and failures.


  4. #3
    Points: 91,744, Level: 73
    Level completed: 80%, Points required for next Level: 506
    Overall activity: 3.0%
    Achievements:
    Social1 year registered50000 Experience Points
    Mainecoons's Avatar Senior Member
    Karma
    19758
    Join Date
    Feb 2012
    Posts
    16,741
    Points
    91,744
    Level
    73
    Thanks Given
    10,256
    Thanked 6,426x in 4,419 Posts
    Mentioned
    258 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    217

  5. #4
    Original Ranter
    Points: 247,518, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 99.5%
    Achievements:
    SocialRecommendation Second Class50000 Experience PointsOverdriveVeteran
    Awards:
    Community Award
    Captain Obvious's Avatar Senior Member
    Karma
    107878
    Join Date
    Jun 2011
    Posts
    39,290
    Points
    247,518
    Level
    100
    Thanks Given
    12,397
    Thanked 14,755x in 10,573 Posts
    Mentioned
    547 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    1121
    $#@!, that's a book.

    I will in time though, I'm a few beers into the upcoming MNF game.


  6. #5

    tPF Moderator
    V.I.P
    Points: 213,405, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 100.0%
    Achievements:
    SocialRecommendation Second ClassYour first GroupOverdrive50000 Experience PointsTagger First ClassVeteran
    Awards:
    Activity Award
    Chris's Avatar tPF Moderator
    Karma
    35734
    Join Date
    Feb 2012
    Posts
    60,765
    Points
    213,405
    Level
    100
    Thanks Given
    4,555
    Thanked 11,964x in 9,278 Posts
    Mentioned
    701 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    421
    Like what he's saying about cycles in the State, likely fits the business cycle, where his backgrounds seem to lie, it certainly fits the company I'm working at. And there are some parallels with the Tytler Cycle of History:



    There is no progress.


    But I started reading Dalio's paper and balk at a couple things right off the bat:

    "The economy is like a machine. At the most fundamental level it is a relatively simple machine, yet it is not
    well understood....

    "An economy is simply the sum of the transactions that make it up."

    It's not simple and not the sum of it's parts but the transactions, interactions, exchanges result in the generation of wealth. Rather we go in circles because economies, societies, states are too complex and dynamic for us to understand.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts


Forum Topsite Critical Acclaim
Single Sign On provided by vBSSO