Die Welt: Europe expects decline according to Ancient Rome scenario

The European Union is currently in the same decline as it was in ancient Rome. On this subject in the German newspaper Die Welt Wrote columnist Daniel Eckert.

“The story of Rome’s collapse has many consecutive overlaps with the developing crisis in the European Union. “The first sign is a period of inflation hitting the previously stable currency,” he said.

According to him, at the beginning of the Roman Empire, money did not lose value for about two and a half centuries. However, the subsequent devaluation radically changed the situation. At the same time, the second sign coincided – an epidemic, as the Antonine plague raged in ancient Rome and beyond. Therefore, there is no doubt that the economic order in the empire has changed dramatically.

He added that the situation got worse as the state decided to control the market. For example, marginal prices were set for grain, which was cheaper than market prices. This has already reduced supply and frozen trade between cities and provinces. Returning to the current European crisis, the continent is still dependent on the free movement of goods and money. Difficulties with consumables cause a drop.

September 10 The Financial Times WroteHe said that European countries have begun to massively implement emergency measures to combat the possible consequences of the energy crisis.



Source: Gazeta

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