When Bond Prices Fall, Interest Rates Soar,

I Would Say I'm A 19th-century Liberal, Possibly Even An 18th-century One.

American Empire- It Is An Empire That Lacks The Drive To Export Its Capital, Its People And Its Culture To Those Backward Regions Which Need Them Most Urgently And Which, If They Are Neglected, Will Breed The Greatest Threats To Its Security. It Is An Empire, In Short, That Dare Not Speak Its Name. It Is An Empire In Denial.

All Empires Have Depended On Local Legitimacy And Local Collaboration; They Are Not Based Primarily On Coercion. An Imperial Rule That Relies Wholly On Coercion Can't Endure. It's Too Expensive.

In The Old Days It Would Have Been A Relatively Simple Matter To Have Checked Hitler's Territorial Ambitions. All You'd Have Needed Would Have Been The 1914 Combination Of Britain, France And Russia. Indeed, If Such An Alliance Had Acted Decisively To Defend Czechoslovakia In 1938, Hitler Might Even Have Been Overthrown By His Own Military. But It Was Not To Be.

From The Earliest Days, The Rothschilds Appreciated The Importance Of Proximity To Politicians, The Men Who Determined Not Only The Extent Of Budget Deficits But Also The Domestic And Foreign Policies.