Of Two Minds

Those acting with impunity are confident that their powers or god-like because they appear so in the human realm. But there are limits to everything in the human realm.

Maybe this arrangement isn’t as stable and sustainable as the winners imagine.

This is why a recession will catalyze a collapse of the credit-asset bubble-dependent economy down to its foundations.

Goliath dies not because collapse occurs, but because scale mistakes itself for life. What survives was never his.

Since the forces seeking to decentralize capital and power are distributed among numerous competing interest groups, the forces of centralization have the upper hand.

Just as nobody foresaw the Cultural Revolution, few if any foresee the emergence of the American equivalent.