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Wednesday, January 11, 2006 

Empire of Debt


The Rise of an Epic Financial Crisis

I just started reading "Empire of Debt" By Bill Bonner and Addison Wiggin. So far, a great read - lots of history and interesting conclusions. Anyways, I just wanted to share with you this line from the book:
"They (empires in decline) invade foreign countries in the belief that they are spreading freedom and democracy, and depend on lending from Communist China to pay for it"
Although, I really think that "spreading democracy" was just a sales pitch and that this administration doesn't care one hoot about freedom in Iraq - I do believe that line from "Empire of Debt" pretty much sums up how ridicules those of us who believe that America is spreading freedom really are. In our hubris we'll believe anything - just get us that SUV and that flat screen TV. Anyways, so far good reading, fast and interesting - I'm looking forward to the rest of it.

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