Comments on: The Fall of the American Empire http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Modern Worker http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118754 Modern Worker Tue, 11 Sep 2007 16:09:11 +0000 http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118754 Sorry, can't agree with you here buddy. I appreciate you taking the time to write this, however America is nowhere near falling apart. Cheers, Modern Worker Sorry, can’t agree with you here buddy. I appreciate you taking the time to write this, however America is nowhere near falling apart.

Cheers, Modern Worker

]]> By: plonkee http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118746 plonkee Mon, 10 Sep 2007 22:21:00 +0000 http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118746 The American empire is nothing like the Roman empire. Mostly because there is more elsewhere. The American empire is nothing like the Roman empire. Mostly because there is more elsewhere.

]]> By: Randy Peterman http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118745 Randy Peterman Mon, 10 Sep 2007 21:56:18 +0000 http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118745 I don't want to be a pessimist myself but I do want to point out that the non-publishing of important financial information such as the M3 by the Federal Reserve Board means that we've got even greater government involvement in the stock market with almost no public notification of exactly what they're doing. It is disheartening to say the least. I don’t want to be a pessimist myself but I do want to point out that the non-publishing of important financial information such as the M3 by the Federal Reserve Board means that we’ve got even greater government involvement in the stock market with almost no public notification of exactly what they’re doing. It is disheartening to say the least.

]]> By: Kevin http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118743 Kevin Mon, 10 Sep 2007 20:32:37 +0000 http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118743 I think we're in trouble. Now I don't really buy some of the "moral virtue" stuff out there, but I *do* believe there is no such thing as a free lunch. We've pinned our economic growth on deficit spending (both nationally and as individuals). Worse still, it seemed like a free lunch because of easy, cheap credit. Credit bubbles never last and the piper has to be paid. We have many years of growth that will be paid for with many years of debt payments. I think we’re in trouble.

Now I don’t really buy some of the “moral virtue” stuff out there, but I *do* believe there is no such thing as a free lunch. We’ve pinned our economic growth on deficit spending (both nationally and as individuals). Worse still, it seemed like a free lunch because of easy, cheap credit.

Credit bubbles never last and the piper has to be paid. We have many years of growth that will be paid for with many years of debt payments.

]]> By: Tim http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118742 Tim Mon, 10 Sep 2007 17:47:00 +0000 http://www.consumerismcommentary.com/2007/09/10/the-fall-of-the-american-empire/#comment-118742 The biggest difference is how the economic systems differ. second is morals don't have anything to do with anything. decline of moral values measured on what yardstick is what I'd like to know. third, our military isn't over extended, because we can always pull back. even though the two wars cost a lot, they still only amount to 3-5% of GDP. This is far different than the roman empire. our economy has a far greater absorption capacity. heck, wwi and wwii we were rationing. we aren't even anywheres near that. over simplification? Indeed. wrong? Indeed. The biggest difference is how the economic systems differ. second is morals don’t have anything to do with anything. decline of moral values measured on what yardstick is what I’d like to know. third, our military isn’t over extended, because we can always pull back. even though the two wars cost a lot, they still only amount to 3-5% of GDP. This is far different than the roman empire. our economy has a far greater absorption capacity. heck, wwi and wwii we were rationing. we aren’t even anywheres near that.

over simplification? Indeed. wrong? Indeed.

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