Will the world experience a catastrophic debt implosion?
Just like the Titan Submersible that recently imploded, the global debt bubble can implode “within just a fraction of a millisecond”. More later in the article.
Are we now in the third circle in Dante’s Inferno?
Dante describes the 9 circles of hell. The 3rd circle is Gluttony which is fitting for a self indulgent Western world with excessive consumption of both material and financial resources.
Each circle represents a gradual increase in evil, culminating at the centre of the earth where Satan is held in bondage. The sinners of each circle are punished for eternity in a fashion fitting their crimes.
Financial markets have also been dominated by gluttony for an extended period. This has led to the biggest asset bubble in history.
But in spite of unprecedented risks in investment markets, for the few investors making the right choice, now is a period of great opportunity not just to preserve wealth but also to enhance it. More later.
END OF THE CURRENT WESTERN EMPIRE
But here we are in the 21st century with the current Western Empire in the final stages of a secular decline which looks very similar to the fall of the Western Roman Empire in the 5th century. Wars, debts, deficits, collapsing currencies, decadence, corruption and socialism – Plus ça change (the more things change, the more they stay the same).
Whether this cycle is the end of a 100, 300 or 2000 year era, only future historians will know the answer to.
WAR DRUMS AND NATO
To diffuse the real reasons for the collapse of the Western economy and the Financial System, there is nothing like starting a war. Leaders love to play real war games although most of them have never been near the front line…
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