So, where is the U.S. in this cycle?
If you’re looking for some warm and fuzzies in these dark times, maybe try streaming something like “Puppy Prep” or catching up on the latest episode of John Krasinski’s YouTube show, iframe.twitter-tweet { width: 100% !important; } For the exact opposite, however, keep reading for the latest downer from Charles Hugh Smith.
“We like to think we’re in charge and that technology conquers all,” he wrote in his latest post. “But history moves in cycles that are larger than any person, corporation, elite or technology.”“The slippery slope to collapse — decadence — is characterized by greed, corruption, irreconcilable internal political rifts, moral decay, frivolity, materialism,” Smith writes. “Hmm, sound familiar?”
“Elites have done nothing but kick the can down the road for over a decade,” he wrote. “Nothing that’s broken has been fixed; all that’s been done is trillions in currency has been borrowed or printed to paper over the dissolution, decay and decline.”
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