The good news is renewal becomes possible when the entire rotten status quo collapses in a putrid heap. There are two basic pathways to systemic collapse: external shocks or internal decay. The two are not mutually exclusive, of course; it can be argued that the most common path is internal decay weakens the empire/state and an external shock pushes the rotted structure off the cliff. As Dave of the X22 Report and I discuss in The World Is About To Change & It’s Going To Be Glorious, we are in the early stages of terminal internal decay.There are a number of dynamics shared by decaying empires/states: 1. The ruling elites lose the moral imperative to sacrifice for the good of the empire/state. Instead they use the
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|Whether the elites or the public are aware of it or not, America is well down the path to terminal internal decay: Distraction, Lies, Infighting, Betrayal.
The good news is renewal becomes possible when the entire rotten status quo collapses in a putrid heap of broken promises, dysfunctional institutions, blatant lies, unpayable debts and cascading defaults.
Income Inequality and Political Polarization, 1947 - 2009