![]() ![]() In studying these past cases, I saw clear patterns that occurred for logical reasons that I briefly summarize here and cover more completely in subsequent chapters of Part 1. ![]() ![]() The purpose of this chapter is simply to provide an archetype to use when looking at all the cycles, most importantly the one that we are now in. What follows here is an ultra-distilled description of the dynamics that I saw in studying the rises and declines of the last three reserve currency empires (the Dutch, the British, and the American) and the six other significant empires (Germany, France, Russia, India, Japan, and China) over the last 500 years, as well as all of the major Chinese dynasties back to the Tang Dynasty around the year 600. My objective is to show you those cases and the mechanics that drove them and, with that perspective, attempt to imagine the future. The Changing World Order(Chapter 1: The Big Cycles in a Tiny Nutshell)Īs explained in the Introduction, the world order is now rapidly shifting in important ways that have never happened in our lifetimes but have happened many times before in history. ![]()
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