“Great powers, like great men, are born, rise, reign and then gradually wane. No matter whether civilizations decline culturally, economically or ecologically, their downfalls are protracted.”
Niall Ferguson
“What if collapse does not arrive over a number of centuries but comes suddenly, like a thief in the night? Great powers are complex systems. There comes a moment when complex systems ‘go critical.’ A very small trigger can set off a ‘phase transition’ from a benign equilibrium to a crisis — a single grain of sand causes a whole pile to collapse.”
Niall Ferguson
“Most imperial falls are associated with fiscal crises. Alarm bells should therefore be ringing very loudly indeed as the United States contemplates a deficit for 2010 of more than $1.5 trillion — about 11% of GDP, the biggest since World War II. A complex adaptive system is in big trouble when its component parts lose faith in its viability. Empires behave like all complex adaptive systems. They function in apparent equilibrium for some unknowable period. And then, quite abruptly, they collapse.”
Niall Ferguson
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Sounds like someone who thought a lot about it, and wanted to toss a figurative spanner in the gears to crash the economy and bring down modernity.