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The Foundation of the West is Rocked as Tribalism Becomes Normality
The Foundation of the West is Rocked as Tribalism Becomes Normality
In our modern digital age, news comes at you fast. Never before has the spread of information traveled so quickly or social media been so influential. And never before have problems been exacerbated so rapidly.
The West is in turmoil, as chaos seeps into the very fibers of the institutions built up by global elites over the last century—institutions now finding themselves under assault.
Anyone paying attention, or reading my series of articles, knows there is a massive shift occurring in the zeitgeist of the West. It’s a shift that only occurs once in a lifetime, if at all.
We truly do live in interesting times, but they are dangerous too. The risk of structural collapse in many of our political systems is at all-time highs, with citizens all across the West demanding change from their leaders.
People are rapidly descending into “tribes”, consumed with self-reassuring, confirmation bias-assuaging articles written by their fellow “tribe” members.
Whether this comes from the “radical left” or the “alt right” doesn’t matter. What does is the damage it is doing to our systems and the risk they now pose to the dwindling minority of sane centralists.
…click on the above link to read the rest of the article…
We see this change unfolding in front of our eyes, as scarcely a day goes by without reading about another “crisis” that threatens the very fabric of our society.
Within the past week alone, depending on which “tribe” you belong to, there have been numerous victories or catastrophes develop in rapid succession.
Last night, President Trump scored another major victory in the name of conservatives within the United States when he announced the nomination of his second Supreme Court pick, Judge Brett Kavanaugh. This came after Justice Anthony Kennedy announced his retirement a few weeks ago.
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Growing Echo Chambers and Proliferating Propaganda Lead to Fears of a Second American Civil War
Brother turning on brother, sister on sister. A second American civil war? How could this even be possible in our modern, civilized times?
The answer is all around you. Tensions run high and hatred spews from the mouths of pundits in the MSM, both from the radical left and the far right. Neither are willing to give an inch, for fear of losing a mile. Neither are willing to back down.
This tension has resulted in a boiling pot of politics within America, one that at any moment could spill over and upturn the entire system.
Don’t think this is possible? Well, don’t count it out.
Roughly 1/3rd of Americans, or 31%, believe that a second American Civil War is not only possible, but likely to occur within the next five years!
This news comes off the back of a recent poll conducted by the Rasmussen Report, a highly respected source and one of the few that closely predicted the presidential victory of Donald Trump.
Most of those conducted within this survey believe the violence will be sparked by opposition to President Trump’s policies, which have been either deemed highly controversial or something to be rejoiced, depending on which side of the political spectrum you fall under.
Yet, there is still some hope for those who reside in the center, with 59% of respondents stating they believe a Civil War is unlikely.
Sadly for those people, as we saw in the first American Civil War, it only takes a small percentage of the population to get the ball rolling.
Stoking these fears was the recent clash in Portland between a right-wing prayer group and ANTIFA, which made national headlines due to video footage that showed just how bloody and ruthless these political gatherings can turn.
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Booming Stocks, Booming Home Prices, Booming Risk of Collapse
Booming Stocks, Booming Home Prices, Booming Risk of Collapse
The American Dream of home ownership is once again on its death bed.
Home prices have dramatically increased in price, rising from their 2012 lows by a stunning 75%, with the average median home price now resting at $245,000!
This is up 4.5% over the last year alone, which means prices are increasing and increasing fast.
This has made home ownership essentially unaffordable for many millennial’s who are looking to purchase their first home. This is causing more and more to either return home and live with their parents, or asking them for assistance in purchasing their home.
Profits for many businesses are rising and consumer confidence is way up, recently hitting a thirteen year high,but this has not directly translated into an increases in wages, which continues to stagnate .
This truly is the worst of both worlds for many average working citizens, who are just trying to make ends meet and pay the bills. This is what many in the precious metals community have warned about for years, stagflation.
Sadly, many are completely ignorant to what is unfolding in front of their eyes, and they appear incapable of seeing just how similar this current environment is to that which led to one of the greatest meltdowns in modern history, the 2008 crisis.
Stocks have roared higher, causing valuations to become more and more disconnected from reality, home prices are becoming increasing more unaffordable and wages are stagnating in comparison to inflation. This has the hallmarks of a disaster in the making.
These problems on their own should cause one to take notice and pause in reflection, but this is not it, these are not the only problems that need to be taken into consideration.
…click on the above link to read the rest of the article…
Hidden No More, The Currency Wars Take Center Stage
Hidden No More, The Currency Wars Take Center Stage
The market stands on a sinkhole, waiting for the next feather to drop. A feather that will bring down the system and send us into another economic crisis that will make the 2008 crash look like an opening act.
For years, I and many others within the precious metals space have written about a hidden war unfolding behind the scenes. To those with wide open eyes, you can see it, you can feel it. I am speaking of the currency and trade wars that Jim Rickards has written extensively about in many of his books—and now, things have ratcheted up to a whole new level.
Over the course of the past week, the jawboning from the US government has turned into action, and they have placed a number of trade tariffs on China . This is part of a campaign promise that President Trump made, and it appears he intends to keep it, no matter how much it might “rock the boat.”
These steps caught many investors off guard, including seasoned market veterans, as they have been so used to the government making bold statements but never following through with any real action.
Not this time. And the stock market is reflecting this new reality.
Chinese markets were sent for a roller coaster of a ride yesterday, dropping by 3-5% throughout the day, with key stocks dropping over 10% alone. A sea of red could be seen across the charts as the once-cold trade war turned hot.
Today, it is the US markets’ turn, as China fired back overnight, sending Western markets plummeting.
These actions sent the plunge protection team into full swing, resulting in this morning’s pre-open bounce . Unfortunately, I don’t see them being able to hold back the floodgates for too long, as this trade war will only accelerate from this point on. Neither side looks willing to back down.
…click on the above link to read the rest of the article…
A Golden Opportunity in 2018 Awaits as Distrust in Our Fiat Based System Accelerates
Americans prepare to sit down, feast and give thanks this weekend for what they have, who they have and the good blessing that they have enjoyed over the past year.
This comes amidst a time period when their email boxes are being flooded with Black Friday specials for trinkets, bobbles and cosmetic goods that will provide a temporary reprieve from the more realistic situation that the vast majority are experiencing: growing debt levels and increased uncertainty.
The fact is, the stock market continues to tick higher, though not to the benefit of the mass majority of individuals who have simply not been able to partake in the “recovery” after the decimation they experienced via the 2008 crisis – a crisis that I contend has simply been papered over and one that will eventually once again rear its ugly head.
At the same time as new record highs in the stock market, we see that debt levels are also at all time highs, breaking new records and reaffirming my previously mentioned belief that the rot within our system continues to persist, silently behind the scenes. It appears that as a mass, we have learned nothing.
I am not trying to be pessimistic, but the fact is, people are rushing out to buy goods this weekend that they don’t need, can’t afford and ultimately that won’t make them any happier.
The only saving grace is the fact that a growing trend continues to manifest. This trend is one that cannot be ignored at this point and one that has central Banksters privately meeting and discussing what they are going to do about it.
…click on the above link to read the rest of the article…
Russia and China Strengthen Their Alliance, Weakening the US Dollar in the Process
Month after month, year after year, the mighty King Dollar is slowly being weakened, its monopolistic grip as the fiat reserve currency of the world steadily lessening. To many, this reality passes them by, as they are blissfully ignorant to the facts, living their lives without knowing the true ramifications that this will have on their lives.
People have simply taken for granted the reality that they live in and the power that comes along with having the unique status of “reserve currency of the world”. This has granted the United States the ability to expand its empire and military might, despite the fact that it is utterly bankrupt, with its debt levels just recently exceeding the stunning $20 trillion mark. This is a debt that will never be repaid.
Yet, it has not just been the United States that has benefited. Their closest allies have also experienced a trickling down effect and benefited from the close relationships they have formed with their ally and chief trading partner.
Indeed, it has been a good ride, but like all rides, eventually they must come to an end. This is exactly where we stand now. The ride is slowing down and not because the passengers want to get off, but because those waiting in line are demanding their turn.
China and Russia have been increasingly growing closer and closer as the years go on. They have been forced into this uncanny partnership due to the numerous economic sanctions placed on Russia and the ratcheting rhetoric used against China.
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