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Toronto Stock Broker David Chapman
Experience
March 27, 2009

Is it all just one big Ponzi scheme?

WHAT A MESS!

It is generally considered that the Roman Empire was at its peak around 117AD under Emperor Trajan. From there it was downhill for centuries, although not in a straight line.

Its decline can be primarily traced to three reasons: declining moral values and political civility at home;an overconfident and overextended military in foreign lands; and fiscal irresponsibility. These reasons were cited by David Walker, former Comptroller General of the United States (1998-2008) who in a speech in August 2007 warned of the similarities … [ read more ]



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