"Every perception is to some degree an act of creation, and every act of memory is to some degree an act of imagination."

-- Gerald Edelman, Second Nature: Brain Science and Human Knowledge
2 [12][14]Chapter 6: The Big Cycle of China and Its Currency2020-10-09JournalIn brief, the post-1800 decline happened when a) the last Chinese royal dynasty (the Qing Dynasty) became decadent and weak at the same time that b) the British and some other Western capitalist countries became strong, which led the British capitalist-colonialists and a number of other foreign capitalist-colonialists to increasingly take control of China economically, at the same time that c) the financial and monetary system broke down under the burdens of debts that couldn’t be paid and the printing of money that caused the collapse in the value of money and debt, at the same time that d) there were massive domestic rebellions and civil wars. Continue reading…