The West’s debauchery, decadence, decay, and debt is catching up to it. From Egon von Greyerz at goldswitzerland.com:
We are now at the end of an era of economic and moral decadence in a debt infested world built on false values, fake money and abysmal leadership. All hell will break loose.
The consequences will be fatal for the world.
There are eras in history which have produced great leaders and thinkers. But sadly, the current era has produced nothing of that kind. The end of an economic cycle produces no great leadership or statesmanship but only incompetent leaders.
Looking at the Western world, the only notable statesman in the last few decades in my view is Margaret Thatcher, prime minister of the United Kingdom from 1979 to 1990.
But political leaders are of course instruments of their time. Sadly times as the current don’t produce Superior Men.
As Confucius said:
“The Superior Man thinks always of virtue, the common man thinks of comfort.”