FADING SMILE OF A DYING EMPIRE

“All that is human must retrograde if it does not advance.” – Edward Gibbon

“Woe, destruction, ruin, and decay; the worst is death and death will have his day.” – William Shakespeare, Richard II

We moved to our corner of Montgomery County, Pennsylvania twenty-seven years ago. We raised our three boys here. We spent hundreds of hours on local baseball fields, in hockey rinks, in school gyms for basketball games, concerts, plays and donuts-with-dads. It’s still a nice place to live, with virtually no crime, decent roads, and reasonable property tax rates. But I would have to say there has been a degradation in the overall quality of life in my community, which is consistent with the downward spiral of our society in general. When we planted our roots in this community it was still more farm-like than suburban. Family farms and open space were more prevalent than housing tracts, strip malls, fast food joints and cookie cutter commercial buildings. A beautiful farmhouse a few miles from our home, freshly painted white, proudly displayed the iconic yellow smiley face. It symbolized good times.

We’ve been driving on this road for twenty-seven years on the way to baseball games, hockey practices, the car dealer for service, and lately to our gym, as we try to fend off father time.  Driving by that barn in the early days would always brighten your day. A bright yellow smiley face against a white background represented a positive, happy view of the world.

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YOU ARE HERE

“The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the Great Depression and World War II.” – Strauss & Howe The Fourth Turning 

The chart below was posted by Jesse a few weeks ago. It accompanied a post titled Gathering Storm. He doesn’t specifically refer to the chart, but his words reflect the ominous view of the future depicted in the chart.

“When gold and silver finally are able, through price action, to have their say about the state of Western fiscal and monetary policy actions, it may break a few ear drums and shatter a more than a few illusions about the wisdom and honesty of the money masters. Slowly, but surely, a reckoning is coming. And what has been hidden will be revealed.”

The title of the post and the chart both grabbed my attention and provide a glimpse into the reality of our present situation. The Gathering Storm was the title of Winston Churchill’s volume one history of World War II. Churchill documents the tumultuous twenty years leading up to World War II in The Gathering Storm. The years following World War I, through the Great Depression and the rise of Hitler were abysmal, but only a prelude to the approaching horror of 65 million deaths over the next six years. What appeared to be dark days in the 1930’s were only storm clouds gathering before a once in a lifetime tempest. In my view we stand at an equally perilous point in history today.

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QUOTES OF THE DAY

“There are two kinds of realists: Those who manipulate facts and those who create them. The West requires nothing so much as men able to create their own reality.”

Henry Kissinger, 1963

“But in these cases
We still have judgment here, that we but teach
Bloody instructions, which, being taught, return
To plague the inventor: this even-handed justice
Commends the ingredients of our poisoned chalice
To our own lips…”

Shakespeare, Macbeth


QUOTES OF THE DAY

“There are two kinds of realists: those who manipulate facts and those who create them. The West requires nothing so much as men able to create their own reality.”

Henry Kissinger, 1963

“But in these cases
We still have judgment here, that we but teach
Bloody instructions, which, being taught, return
To plague the inventor: this even-handed justice
Commends the ingredients of our poisoned chalice
To our own lips…”

Shakespeare, Macbeth

“Plunderers of the world, when nothing remains on the lands to which they have laid waste by wanton thievery, they search out across the seas. The wealth of another region excites their greed; and if it is weak, their lust for power as well…Among all others only they are compelled to attack the poor as well as the rich. To robbery, rape, and slaughter they give the lying name of empire; and where they make a desert, they call it peace.”

Tacitus