Monday, November 28, 2005

The Cost of Running an Empire

Worth Quoting: The Cost of Running an Empire

"In America, we know what we have to do. We have an empire to run. Outlying places to police. People to boss around. Sabres to rattle. And an economy that has to remain Numero Uno. Unfortunately, history shows that running an empire is a disastrously expensive business. You pay in cash. You pay in blood. And you pay with your own soul."

(Source: Bill Bonner in his new book Empire of Debt: The Rise of an Epic Financial Crisis )

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