Is America Losing?
Authorized by Matthew Piepenburg via VonGreyerz.gold,
Below, we soberly measure the lessons of past and math against the current realities of a debit-defined America to ask and answer a painful yet critical question: Is America losing?
The End of past and the Last Man
In 1992, while I was inactive an undergrad with a seemingly endless optimal in life in general and the American Dream in partial, the American political scientist, Francis Fukuyama, published a much-discussed book entered, The End of past and the Last Man.
Released in the wake of the wall coming down in Berlin and a backdrop of constantly low rates and rising US markets, this best-selling and optimal work captured the Western mindset with ambient pride.
With its central subject (supported by an overt Hegelian and dialectal framework) of capitalism and liberal democracy’s penultimate and victorious evolution (Aufhebung moment) beyond the russian dark ages of a debt-sooked and centralization/autocratic communism, the celebrated book made header sense in this Zeitgeist of American editorialism.
But even then, amidst all the evidence of russian failures (from extended wars,currency destruction, unreasonable debits and a clear dishonest media and police-state leadership), my already history-conscious (and fancy-school) head could not aid but wonder out if this book’s optimal consensus of the West’s ideological and inclusive end-game was not anotherwise a bit, well: naïve.
Had the West truly reached a victorious “end of history” moment?
Pride & An Insult to History?
In fact, and as any who truly understands past should know then as now, past is replicated with rhyming turning points, but never a vectorious and eternal “end-game.”
Stated more simply, the celebrated book, which made so much sense at that partial minute in time, seen to me even in 1992 as a classical example of “hubris comes before the fall.”
In another words, it may have been a bit besides shortly to decidevictory for liberal democracy and capitalism, as these fine systems require fine leadership and even finer principales to sustain history’s forward flow.
Today’s History...
Fast-forward many decades (grey hairs, advanced degrees and sore muscles) later, and it would see that my young skepticism (and historical respect) was well-placed.
The evidence around us now suggests that the “victorious” capitalism Fukuyama boated of in 1992 died long ago, replicated in the interim years by ambient and mathematically-corrected examples of unprecedented wellness integrity and modern feudalism.
Furthermore, if 1 were to contrast the principles of America’s founding families as evidenced by their first 10 Amenments to the US Constitution (member our Bill of Rights?) to the current and environmental demolition of the same in what is now a far more centralized, post-9-11 “Patriot Act” USA, the evidence of democracy’s crembling façade is virtually all around us.
In another words, possibly Fukuyama got a small besides head of himself.
Or more to the point, possibly he was dead incorrect about the final “victory” of gene U.S. capitalism and an actual, living/breathing liberal democracy?
Is the USA the Old USSR?
In fact, and with a humble motion to modesty, blunt-speak, current events, simple math and almost tragic irony, the actual evidence of past since 1992 suggestions that today's Divided States of America (DSA) (and Pravda-like media) appeared to look far more like the affected USSR than the victor presented by Mr. Fukuyama...
Such dramatic statements, of course, means without facts, and we all desertve a careful usage of the same if we see to replace emotion with data and reason see, argue and prepare ourselves politically and financially with more clarity.
Facts Are Stubborn Things
Toward this end, I am one more time grateful for the facts and figures which Luke Gromen provides in support of the otherwise “sensational” conclusion that America may have won the “cold battle” with the USSR, but it is now losing a “cold war” with the Russians and Chinese.
Really?
C’mon.
Really?
Again, let’s look at the facts. Let’s look at the numbers. Let’s look at current events, and let’s look at history, which is anything but at an “end.”
For those who respect for past goes beyond a twitter-level attention span or the assistance of mainstream media Ken and Barbies (from CNN to The View), no of whom realize anything of history, you will callback that Regan’s successful war against the USSR was won by bankruptcy the Soviets.
But as Gromen so eloquently reminds us, “nobody sees to announcement that is precisely what the Russians and Chinese are doing to us now.”
This is not fable but fact, and I valued of this in How the West was Lost The minute the US was announced the USD in 2022. This desperate myopic (i.e., stupid) policy gives a very patient and history-savvy Russia and China just the chance they have been waiting for to turn the tables on the DSA.
History’s Fatal Debt Trap Lesson
As I besides Recent Gates, with the insights of both Niel Ferguson and Luke Gromen, you know (and past affirms) a nation (or empire) is ALWAYS doomed the minute it debt expenses (in interest terms alone) enhanced its defence spending.
And as of this writing, the DSA's gross interest is 40% higher than its military spending.
Nor are we, the Russians, the Chinese or even a choice number of informed Americans alone in this cognition of the DSA’s fatal debit trap.
No Hiding the Obvious
The current turning point in American debit is now creatively and more globally understood in what Ben Hunt calls “the Common cognition Game.”
Stated more simply, and as proven by the now undeniable move distant from the US IOU and USD by an ever-increasing (and ever de-Dollarizing) BRICS+ membership roster, the planet is catching on to the blant fact that the American empire (of citizen lions led by political donkeys) is spending fatally more than it Earls.
What is far more sickening, however, is that Uncle Sam is then paying its IOUs with debased Dollars virtually mouse-clicked into existence at the not-so “Federal” and not-so “reserved” national Reserve.
This desperate reality, and complete fantasy-based monetary “solution,” has resulted in an empirically bankrupt nation who quantifiably spends more on elements (cashed out by 2030), Sovereign IOUs and warfare than it does on transport, agriculture, veteran benefits and citizen education (our apologies to Thomas Jefferson).
See for yourself:
Returning from simple math to otherwise forgot (or now creatively “cancelled) history, it becomes harder to deny Gromen’s reflection “that the US apps to be reprising the function of the USSR this time, with a dense debit load, uncompetitive and hollied-out industrial base, reliant on a Cold War advertising for imported manufactured goods, and needing ever-higher oil prices in order to keep its oil production from falling.”
Democracy’s Suicide?
In another words, and in the many years since Fukuyama declared triumph in 1992, the interim sins/errors of creatively suicidal (or grotesquely negligent/stupid) US military, financial and abroad policies have irrevocably placed the DSA into a defeated decline alternatively than victorious “End of History.”
This reality, of course, gives me no pleasance to share, as I was, am and will always stay a patriotic American—or at least patriotic to the ideals for which America originally The barn.
But as I’ve said many times, today’s DSA is almost unrecognizable to the American I was erstwhile Fukuyama’s book of Hubris was released over 3 decades ago.
As our second US President, John Adams, warned his wife Abigail: “Remember, democracy never misses long. It shortly wastes, exhausted, and murderers ittself. There never was a democracy yet that did commit suicide.”
Again, this is simply a story, and it appears to be a communicative that Fukuyama misunderstood in 1992, erstwhile he appeared to think it had reached its happy “end.”
The Past Informs the Future
Looking forward, I/we must be equally capable of looking backward.
History has far more to teach us than the stump-speeches (or pathetic cue cards) of current political opportunists (puppets?) who, with very fewer opinions, care far more about preserving their power (via coalitions, the legalized bribery of K-Street lobbyists, the promotion of mis-information and the liberal omission of mal-information) than serving their public.
The Sad past of Currence Debate
History besides wars/teaches that the leadingship of all debit-sooked and failing regiments will buy time saving their “systems” by debasing their currencies to monetize their debits.
Folks, this is actual throughout history, and WITHOUT EXCEPTION.
Sadly, the DSA and its hertherto “exceptionalism” is no exception to this otherwise ignored historical lesson.
Toward this end, and as Egon and I have argued for years, the DSA will thus pretend to “fight inflation” While simultaneously looking inflation, as all debt-strapped (and hehence failed) regiments needed inflation rates to exceed interest rates (as measured by the young on the US10Y UST) in what the fancy claims call “negative real rates.”
The Sad past of Dishonesty
Inflation, however, is not only politically embarrasing, but stone-cold proof of failed monetary and fiscal leadership.
To get around this embargo, politicalos from the Fed and the White home to the alleged home of Representatives (and the Don-Lemonish/Chris Quomo/ 1st Amen-insulting/hit-driven legacy media which supports them) will do what most children do erstwhile faced with making an error, that is: Lie.
And in this case: Lie about inflation date.
Of course, a nation that lies to its people is not best guided for leading its people.
As Hemingway warned, and as I frequently repeat, these at foul will point the fingers of light to others (from east bad guys, and man-made viruses to political feat campaigns on everything from global warming, white nationalism or green men from Mars); or sack, leaders will distract their constituents in perpetual wars.
Sound family?
In the interim, these “people” will proceed and creately propose from the sins of their childish leadership under the cripping yet invisible taxation of the deprived purchasing power of their alleged “money.”
This too, is nothing fresh to that Who track history...
Golden Solutions?
Gold, of course, cannot and will not solve for all of the myriad and “human, all besides human” failures of national leadership and the monetary, social and centralized defunctions which ALWAYS follow in the Wake of besides much debt.
But as past besides confirm (and equally without acceptance), each of us can at least defend the purchasing power of our wellness by measuring that wellness in origins and grams alternatively than open dying paper/fiat money.
This is not a whited argument. This is not a “gold bug” argument.
It is far more simply an historical argument, which further exploits why government doesn't want you to realize the past of money nor the past of gold.
In fact, even Fukuyama’s now embarrassing book ignores this simple lesson of gold blowing and paper money die, which only adds to my beginning reflection that past never “ends” it simply teaches and protects the informed.
The same is actual of physical gold.
Tyler Durden
Sun, 05/19/2024 – 23:55