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
    257 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    216

    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: 211,572, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    SocialRecommendation Second Class50000 Experience PointsOverdriveVeteran
    Awards:
    Most Popular
    Captain Obvious's Avatar Senior Member
    Karma
    90133
    Join Date
    Jun 2011
    Posts
    34,268
    Points
    211,572
    Level
    100
    Thanks Given
    10,516
    Thanked 12,087x in 8,801 Posts
    Mentioned
    504 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    939
    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
    257 Post(s)
    Tagged
    0 Thread(s)
    Rep Power
    216

  5. #4
    Original Ranter
    Points: 211,572, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    SocialRecommendation Second Class50000 Experience PointsOverdriveVeteran
    Awards:
    Most Popular
    Captain Obvious's Avatar Senior Member
    Karma
    90133
    Join Date
    Jun 2011
    Posts
    34,268
    Points
    211,572
    Level
    100
    Thanks Given
    10,516
    Thanked 12,087x in 8,801 Posts
    Mentioned
    504 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    939
    $#@!, that's a book.

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


  6. #5
    Points: 198,187, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 72.0%
    Achievements:
    SocialRecommendation Second ClassYour first GroupOverdrive50000 Experience PointsTagger First ClassVeteran
    Awards:
    Frequent Poster
    Chris's Avatar Senior Member
    Karma
    29297
    Join Date
    Feb 2012
    Posts
    57,888
    Points
    198,187
    Level
    100
    Thanks Given
    4,324
    Thanked 10,964x in 8,565 Posts
    Mentioned
    624 Post(s)
    Tagged
    1 Thread(s)
    Rep Power
    352
    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