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Tag Archives: decline
American Chernobyl
American Chernobyl In the Spring of 1986 the Soviet Union was in a slow motion collapse. No one in the US intelligence agencies predicted it, the military was taken completely by surprise and no apologies were ever made for the thirty year, multi-trillion dollar oversight. It’s political and social institutions were Potemkin villages kept alive […]
The Great Fossil Cycle and US: Story of a Family
The Great Fossil Cycle and US: Story of a Family Last week, I published a post on how the economic decline of Italy led me to move to a smaller house, abandoning the mansion that my parents had built during better times. Complementing that post, I thought I could repropose a post I had published in 2017, reproduced […]
The Two Paths to Collapse
The Two Paths to Collapse The very structure of our systems guarantees their failure once conditions change beyond their limited ability to adjust. As a general rule, there are two paths to collapse: gradual erosion and sudden crash. The two are intertwined, of course; in most cases, the system slowly loses vigor, resources, efficiency, etc. (erosion) […]
The Telltale Signs of Imperial Decline
The Telltale Signs of Imperial Decline Nothing is as permanent as we imagine–especially super-complex, super-costly, super-asymmetric and super-debt-dependent systems. Check which signs of Imperial decline you see around you: The hubris of an increasingly incestuous and out-of-touch leadership; dismaying extremes of wealth inequality; self-serving, avaricious Elites; rising dependency of the lower classes on free Bread […]
The Gathering Storm
The Gathering Storm The gathering storm cannot be dissipated with propaganda and bribes. July 4th is an appropriate day to borrow Winston Churchill’s the gathering storm to describe the existential crisis that will envelope America within the next decade. There is no single cause of the gathering storm; in complex systems, dynamics feed back into […]
Investing in Collapse
Investing in Collapse For years, I’ve been writing about Venezuela, describing it as the “movie” by which we can view the future of other jurisdictions that are presently in decline. The reason is that declining nations follow the same pattern, time and time again, over the centuries. This is not coincidence. The pattern exists because […]
US Empire on Decline
US Empire on Decline US empire is in decline. Reports of the end of the US being the unitary power in world affairs are common, as are predictions of the end of US empire. China surpassed the United States as the world economic leader, according to Purchasing Power Parity Gross National Product, and Russia announced new weapons that […]
China’s rise, America’s fall
China’s rise, America’s fall Will the rise of China mean the fall of America? In a word, yes. Although decline might be more accurate. Why do I think this? Because China is about to launch the PetroYuan and when it does the demand for dollars and for dollar denominated debt will shrink. When it does, […]
Venezuela: Dictatorship, Collapse And Consequence
Venezuela: Dictatorship, Collapse And Consequence If you want to outline the numerous failures of ideological and economic socialism, just name any socialist nation and you are sure to uncover an endless supply of examples. In fact, many countries where socialism is not total but making considerable inroads often suffer from severe decline — the U.S. […]
Productivity and Debt
Productivity and Debt William Blake Europe Supported by Africa and America 1796 Earlier this week I was struck by the similarities and differences between two graphs I saw float by. And the thought occurred that they are as scary as they are interesting. The graphs show eerily similar trends. And complement each other. The first […]
Doug Casey on the End of Western Civilization
Doug Casey on the End of Western Civilization Nick Giambruno: The decline of Western Civilization is on a lot of people’s minds. Let’s talk about this trend. Doug Casey: Western Civilization has its origins in ancient Greece. It’s unique among the world’s civilizations in putting the individual—as opposed to the collective—in a central position. It enshrined […]
The American Empire Under Donald Trump Has Become Increasingly Desperate, Dangerous & Insecure
The American Empire Under Donald Trump Has Become Increasingly Desperate, Dangerous & Insecure My current working hypothesis is that the U.S. is a late-stage empire about to enter a more serious and dangerous period of collapse. In case you missed it, I outlined my broad brush view in the very popular recent post, Prepare for Impact – […]
Empires (Like the U.S.) Fall When Corruption Becomes Rampant
Empires (Like the U.S.) Fall When Corruption Becomes Rampant Widespread corruption destroys empires. By way of example, corruption was one of the main causes of the collapse of the Roman Empire: The Praetorian Guard—the emperor’s personal bodyguards—assassinated and installed new sovereigns at will, and once even auctioned the spot off to the highest bidder [and see this]. The […]
The Decline of the West Revisited
The Decline of the West Revisited LONDON – The terrorist slaughter in Paris has once again brought into sharp relief the storm clouds gathering over the twenty-first century, dimming the bright promise for Europe and the West that the fall of communism opened up. Given dangers that seemingly grow by the day, it is worth […]