As a business model, Rome’s strategy was obviously flawed; like a credit bubble, it required constant expansion. Still it was nice in the beginning. The early days of the Roman Empire were like the early days of the British Empire or the American Hegemony. Expansion opened up new markets and brought in new supplies of raw materials at better prices. Not only was there booty; there were also slaves.
May 8th, 2008 | Bill Bonner | 3 comments | ContinuedAll Posts Tagged With: "rome"
I Love Coming to Rome
“I love coming to Rome,” said Elizabeth. “Everywhere you go, there’s something to see. Right around the corner is the church of St. Agnes. You know, they martyred her because she refused to marry one of the Roman aristocracy…
April 24th, 2008 | Bill Bonner | 4 comments | Continued