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So the Roman Empire collapsed. Big deal. All the land is still there. Italy is there and still gorgeous and largely functional. Rome is there and still a great
by cylinder 8y ago
So the Roman Empire collapsed. Big deal. All the land is still there. Italy is there and still gorgeous and largely functional. Rome is there and still a great place.
The British Empire basically collapsed. The Pound has retained its value the whole time. It's still a first world country.
- mikhailfranco 8y agoI think you'll find the value of the pound has plummeted in the last century, during the decline of empire, decoupling from the gold standard, inflation of the 70s, printing during QE and the BRexit vote. Since 1900 the GBP price of gold has risen 250x, from 4.25 to over 1,000 today. https://www.chards.co.uk/gold-price/price-of-gold https://www.chards.co.uk/gold-price/price-of-gold
- rodiger 8y agoCorrect me if I'm wrong, but that stat seems pretty meaningless if they aren't controlling for inflation
- mcv 8y agoA lot happened since the collapse of the Western Roman Empire. If western civilisation today collapses, of course something will come in its place. But it won't be the same thing, and we'll have lots of social upheaval and possibly war in the mean time. Also, the UK Pound has lost a lot of value over the past couple of decades. According to this chart[0], it more than halved in comparison to the dollar since 1953. [0] http://fxtop.com/en/historical-exchange-rates.php?YA=1&C1=GBP&C2=USD&A=1&YYYY1=1953&MM1=01&DD1=01&YYYY2=2019&MM2=02&DD2=19&LANG=en http://fxtop.com/en/historical-exchange-rates.php?YA=1&C1=GB...