The Crisis, by The Zman

The U.S. faces both internal and external crises, and the consequences will play out for decades. From The Zman at thezman.com:

Broadly speaking, a crisis comes in two forms. There is the internal crisis driven by irreconcilable contradictions. Then there is the external crisis that is driven by some unusual occurrence like a natural disaster. The latter tests mostly the ability of the system to weather the storm and recover. The former tests the ability of the system to radically alter itself in order to address the contradiction. This is the most dangerous crisis and the one that few systems survive.

Of course, the internal crisis can be papered over for a long time until some external crisis comes along and makes that impossible. The external crisis puts pressure on the system, forcing it to respond under duress. The internal problems are then made obvious as the system responds poorly. Efforts to quickly resolve those issues in order to address the immediate problems just create new problems. This was the process that led to the French Revolution.

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