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Monty Carlo's avatar

However, the "Roman Operating System" (ROS?) got pretty hollowed-out by halftime I'd say roughly - elitist "super haves", coincidentally either all themselves in political classes or at least very well connected meritocracy, undermined the rule of law, bent it to their will as time went on.

The more and more impoverished masses were brought to heel or at least kept at bay by menial work at low wages and facing an ever-degrading Denarius, which's silver content got drained from Caesar to Caesar... all the while letting in Barbarians within a complacent and stale system... sound familiar?

Rigatoni Capital's avatar

I pronounce you, Clinton, our new energy roman leader!

I didn't even realize that wall of 7k. I barely look at SPX these days since I'm so focused on the nasdaq.

Now what can we learn from decline and fall of the roman empire?

Clinton Scott Smith's avatar

lol 😂 a lot to learn I do believe from many angles of both good & bad. But, I’ve been managing Energy Projects for a long time. Roman Empire intricacies not so much. I am impressed w the “efficiency” aspect of their Operations which is a new discovery for me at least.

Rigatoni Capital's avatar

Well the one thing I know is they devalued the shit out of their currency that "contributed" to the fall. I have this 6 book series I got for Christmas. Hopefully one day I can start reading it. https://en.wikipedia.org/wiki/The_History_of_the_Decline_and_Fall_of_the_Roman_Empire

Clinton Scott Smith's avatar

Sick just saw this part you said about that series! Love it too thx for chatting and. Sharing my friend.

Clinton Scott Smith's avatar

Love that one - No doubt about it. And that is just one lesson to start with but probably one of the best from a Capital Markets and Fall of Empires perspective.

Another great "book" that covers all of this in detail The Wealth of Nations - Adam Smith still very relevant to modern times.

People forget nothing has really changed since the beginning of time.

Early Egyptian hieroglyphs show People with Hand held tablets and not just the big ones.

Small ones too that look almost like phones. Tech upgraded but nothing really changed.

Human fear and greed still drive markets. And for those less versed drive leadership decisions as well.

Understanding that is crucial to success.