US writer Michael Hudson has published many books on the fate of nations, especially due to economic and financial mismanagement, which is one of the principal causes of collapse. In a recent paper at Unz.com, he gives a detailed historical argument, going back to the falls of ancient Greece and Rome, documenting the role placed by debt-based economics and oligarchical control. America epitomises both of these ills, and thus is following in the path of ancient Rome, with inevitable collapse, especially as countries move away from subservience to the US dollar. However, Hudson seems to think that China is immune to these financial diseases, when in fact Chinese financial institutions are just as fragile as their Western counter-parts. In any case, more solid food for thought.