Category Archives: Collapse

Decline of Empire: Parallels Between the U.S. and Rome, Part II, by Doug Casey (With Link to Part I)

The second part of Doug Casey’s excellent comparison between the Roman and American Empires. From Casey at internationalman.com:

See here for Part I

Like the Romans, we’re supposedly ruled by laws, not by men. In Rome, the law started with the 12 Tablets in 451 BCE, with few dictates and simple enough to be inscribed on bronze for all to see. A separate body of common law developed from trials, held sometimes in the Forum, sometimes in the Senate.

When the law was short and simple, the saying “Ignorantia juris non excusat” (ignorance of the law is no excuse) made sense. But as the government and its legislation became more ponderous, the saying became increasingly ridiculous. Eventually, under Diocletian, law became completely arbitrary, with everything done by the emperor’s decrees—we call them Executive Orders today.

I’ve mentioned Diocletian several times already. It’s true that his draconian measures held the Empire together, but it was a matter of destroying Rome in order to save it. As in the U.S., in Rome statute and common law gradually devolved into a maze of bureaucratic rules.

The trend accelerated under Constantine, the first Christian emperor, because Christianity is a top-down religion, reflecting a hierarchy where rulers were seen as licensed by God. The old Roman religion never tried to capture men’s minds this way. Before Christianity, violating the emperor’s laws wasn’t seen as also violating God’s laws.

The devolution is similar in the U.S. You’ll recall that only three crimes are mentioned in the U.S. Constitution—treason, counterfeiting, and piracy. Now you can read Harvey Silverglate’s book, Three Felonies a Day, which argues that the average modern-day American, mostly unwittingly, is running his own personal crime wave—because federal law has criminalized over 5,000 different acts.

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3 Things Most People Don’t Know About Gold, Bitcoin, and Money, by Nick Giambruno

In the coming collapse, Bitcoin may be a better way to transact and preserve wealth than gold. Or it may not, but it’s a good idea to learn as much as possible about both. From Nick Gaimbruno at internationalman.com:

Bitcoin has been likened to the platypus… which sounds like an odd comparison.

The platypus is a strange duck-billed mammal with webbed feet and a furry body like a beaver. It has characteristics of birds, mammals, and reptiles. Females lay eggs but also nurse their young with milk. Males produce a potent venom.

When Europeans discovered the platypus in Australia in 1798, they wrote letters to folks at home to describe this bizarre new animal. People thought the platypus was a joke or a hoax—because it didn’t fit into the classification of animals at that time.

But it was a real animal.

People just didn’t understand it because it was a new thing that didn’t fit into the established paradigms.

Bitcoin is much the same. It doesn’t fit into the framework of traditional financial analysis metrics.

There is no P/E (price-to-earnings) ratio because Bitcoin has no earnings.

There is no P/B (price-to-book) ratio because Bitcoin has no book value.

Bitcoin has no CEO, no marketing department, and no employees.

Bitcoin is an entirely new asset people are adopting as money because of its superior monetary properties, namely its resistance to inflation.

The monetization of a new global money is genuinely unlike anything anyone alive has ever seen before. There is nothing else comparable.

Like the platypus, Bitcoin is an entirely new animal. That’s why Bitcoin confuses many people, including prominent investment professionals.

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Watching The Incompatibles, by Good Citizen

When we get tired of watching, we revolt. From Good Citizen at thegoodcitizen.substack.com:

And waiting for the savage rebellion.

INTERVIEW: Joseph Morgan Talks Sci-fi Series 'Brave New World' - Supanova  Comic Con & Gaming

Delusions flourish that we live in enlightened times and that as a species we have sufficiently advanced beyond the grievous limitations that haunt our past.

Ignorance, illiteracy, pestilence, famine, and the consequences of natural disasters were all at far greater levels at any point in time prior to this moment, with perhaps the exception of the first—ignorance—which is now intentionally inflicted upon the masses who are too complacent, distracted, or lazy to adjust their behavior toward remediation.

This may be because prior to ubiquitous cynicism and sarcasm polluting western societies, serious people of the past acknowledged their ignorance whereas today they take great pride in not remedying it. Instead, they embrace it with arrogance and certitude.

Wars, tribalism, greed, the lust for power, the corruptibility of humans, and the desire to control and dominate others may never cease to be our most significant menaces.

The justification for conquest, dominance, rape, and plunder, in the name of myth, superstition, family legacy, personal ego, or revenge, for monarchs or gods or secular humanism, science, and reason, or borne of those realist terms that might makes right, there is no period of our history not marred with interspecies conflict.

Perhaps every generation throughout modernity with any modicum of technological or scientific advancement, artistic or cultural transformation, or philosophical conversion betrayed a similar arrogance and pride in evolution. For progressives, the inverse is necessarily true to justify their cause—the incessant claims that we have not progressed at all and things are always behind the curve of their passions.

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A Day In The Life: Southern California’s Fentanyl Crisis, by John Fredericks

It’s hard to say what emotion this article most strongly provokes, dismay or revulsion. From John Fredericks at The Epoch Times via zerohedge.com:

“I don’t even know if I will be alive tomorrow. I might OD tonight,” Pete—a pseudonym—told The Epoch Times.

“You are talking to a drug user right now and that’s the name of the game.”

The 34-year-old comedian has been using the opiate fentanyl since the emergence of the coronavirus pandemic and commonly checks in and out of rehabilitation centers. With his addiction, he wakes up some mornings homeless on the streets of Southern California.

“You are talking on the phone to a guy about to get his drugs right now,” he said slurring his words off of Huntington Beach’s 17th Street. “And you just missed me getting shaken down by some guy over here.”

A homeless man contorts his body while working off a drug high in Santa Ana, Calif., on June 28, 2022. (John Fredricks/The Epoch Times)

The “guy” Pete was referencing, a drug dealer, did not give Pete the drugs he wanted. Instead, he paid a nearby homeless individual $80 to help him track down a dealer.

“I would say that the easiest cities to get [fentanyl] in Orange County would be either Costa Mesa or Santa Ana,” Pete said the morning after being arrested for public drunkenness by Newport Beach Police.

“You can ask any homeless person and they can tell you where to find fentanyl to inject or smoke,” he said.

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Ominous Military & Financial ‘Nuclear Threats’ Could Erupt in 2023, by Egon von Greyerz

The financial threat looks like a sure thing, and the military threat is not far behind. From Egon von Greyerz at goldswitzerland.com:

The world is today confronted with two nuclear threats of a proportion never previously seen in history. These threats are facing us at a time when the world economy is about to turn and decline precipitously not just for years but probably decades.

The obvious nuclear threat is the war between the US and Russia which currently is playing out in Ukraine.

The other nuclear threat is the financial weapons of mass destruction in the form of debt and derivatives amounting to probably US$ 2.5 quadrillion.

If we are lucky, the geopolitical event can be avoided but I doubt that the explosion/implosion of the Western financial timebomb can be stopped.

More about these risks later in the article.

There is also a summary of my market views for 2023 and onwards at the end of the article.

CURIOSITY AND RISK

With a business life of over 52 years in banking, commerce and investments, I am fortunate to still learn every day and learning is really the joy of life. But the more you learn, the more you realise how little you really know.

Being a constant and curious learner means that life is never dull.

As Einstein said:

The important thing is not to stop questioning.

Curiosity has its own reason for existing.”

There has been another important constancy in my life which is understanding and protecting RISK.

I learnt early on in my commercial life that it is critical to identify risk and endeavour to protect the downside. If you can achieve that, the upside normally takes care of itself.

Sometimes the risk is so clear that you want to stand on the barricades and shout. But sadly most investors are driven by greed and seldom see when markets become high risk.

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Insurrection Anybody? By James Howard Kunstler

The powers that be certainly deserve an insurrection. From James Howard Kunstler at kunstler.com:

“One of the definitions of sanity is the ability to tell real from unreal. Soon we’ll need a new definition.” — Alvin Toffler

Insurrections galore spark off all of a sudden, and 2023 was just born days ago! Want to know why? Because the business model of the global economy is broken and the supposed remedy for that is centralized control of populations and super-strict regulation of all their activities — that is, techno-tyranny (with Marxist characteristics, as the Chinese like to put it). Not everybody wants to ride that bus, and so an epic economic problem becomes an arduous political struggle, here and elsewhere in the world.

A great mob of many thousands went apeshit in Brazil over the weekend in that country’s weird, geographically isolated capital, Brasilia, a horror of 1960s-style Modernist city planning. They stormed the national congress and trashed the offices within to protest the fishy election of President Luiz Inácio Lula da Silva over the former incumbent Jair Bolsonaro. As in our own country, the quarrel was over the mysterious behavior of voting machines and the unwillingness of election officials or courts to verify the results. The New York Times offered a thumbnail of Mr. Bolsonaro, who is sitting out the current action in Florida:

The resulting picture showed an elected leader, first as a congressman and then as president, who has built a narrative of fraudulent elections based on inaccuracies, out-of-context reports, circumstantial evidence, conspiracy theories and downright falsehoods — much like former President Donald J. Trump.”

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Is the New World Order on the Precipice? By Madame Lafarge

Madame Lafarge may be too dismissive of China, but she’s got an optimistic take on the shaky prospects of the New World Order crowd. From Madame Lafarge at theburningplatform.com:

The New World Order nobility may be receiving more roadblocks for their plans than they had anticipated. The entire scam is based on the ignorance and complacence of the great mass of people in the western based economies. Control of the West is essential for world domination. We are the source of wealth and innovation which makes it imperative. The new platform has begun to get rickety with energy problems, war and civil strife bubbling to the surface.

China is believed to be a huge source of economic and political power but actually without the West being a customer, China is a backwater without technology, markets, energy and foodstuffs. The government is unstable as shown in the past few weeks with the new attempted lockdowns. Their food shortages of the past two years are not mentioned by the simpletons of the media but contribute to general instability. The Chinese are a huge unknown to our “intellectual elite” whether they realize it or not. Control of the sluggish population of Chinese is an easy task compared to Europe and North American farmers but all are now stirring.

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What to Expect from the Government in 2023? More of the Same, by John and Nisha Whitehead

An object in motion tends to stay in motion and a tyrannical government tends to stay tyrannical, and get even more so. From John and Nisha Whitehead at rutherford.org:

“There is no greater tyranny than that which is perpetrated under the shield of the law and in the name of justice.”—Montesquieu, Enlightenment philosopher

For those wondering what to expect from the government in 2023, it looks like we’re going to be in for more of the same in terms of the government’s brand of madness, mayhem, corruption and brutality.

Digital prisons. Unceasingly, the government and its corporate partners are pushing for a national digital ID system. Local police agencies have already been given access to facial recognition software and databases containing 20 billion images, the precursor to a digital ID. Eventually, a digital ID will be required to gain access to all aspects of life: government, work, travel, healthcare, financial services, shopping, etc. Before long, biometrics (iris scans, face print, voice, DNA, etc.), will become the de facto digital ID.

Precrime. Under the pretext of helping overwhelmed government agencies work more efficiently, AI predictive and surveillance technologies are being used to classify, segregate and flag the populace with little concern for privacy rights or due process. All of this sorting, sifting and calculating is being done swiftly, secretly and incessantly with the help of AI technology and a surveillance state that monitors your every move. AI predictive tools are being deployed in almost every area of life.

Mandatory quarantines. Building on precedents established during the COVID-19 pandemic, government agents may be empowered to indefinitely detain anyone they suspect of posing a medical risk to others without providing an explanation, subject them to medical tests without their consent, and carry out such detentions and quarantines without any kind of due process or judicial review.

Mental health assessments by non-medical personnel. As a result of a nationwide push to train a broad spectrum of so-called gatekeepers in mental health first-aid training, more Americans are going to run the risk of being reported by non-medical personnel and detained for having mental health issues.

Tracking chips for citizens. Momentum is building for corporations and the government alike to be able to track the populace, whether through the use of RFID chips embedded in a national ID card, microscopic chips embedded in one’s skin, or tags in retail products.

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The Loneliest Generation, by Jennifer Sey

There are a lot of lost young souls out there, staring at their screens and trying to suppress their fears. From Jennifer Sey at brownstone.org:

By all accounts, Americans are lonelier, more anxious, more depressed and more suicidal than ever. The Pew Research Center reports that at least 40 percent of adults faced high levels of psychological distress during covid. Alarmingly, young people are leading this trend, as they do with most trends; though with this one, their “trendiness” is a cause for serious concern.

  • The suicide rate in the United States is the highest of all wealthy nations. One in 5 young women and 1 in 10 young men experience major clinical depression before age 25.
  • Suicide rates among children 10 and older are the second leading cause of death among 10-24-year-olds, behind unintentional injuries and accidents.
  • Close to 10 percent of kids 13-17 years-old have received an ADHD diagnosis and over 60 percent of those kids have been placed on medication. And 60 percent of them have been diagnosed with a second emotional or behavioral disorder. Thirty percent of those diagnosed with ADHD were also diagnosed with anxiety.
  • Among teen girls who report suicidal thoughts, 6 percent of them traced the desire to kill themselves to Instagram. What’s worse is, Instagram — owned by Facebook parent company, Meta — knew their platform was adversely impacting teen girls and did nothing to stop it, presumably because that would interfere with the ever-increasing screen time for these young girls. In 2019, one Meta internal company slide in a presentation read: “We make body image issues worse for one in three teen girls.” But more screen time = more data to mine = more profits for social media companies.

Of note, these alarming numbers are all likely underestimates vs the current state of affairs, as they are all from BEFORE isolating covid policies took hold.

In March 2020 our kids were thrust onto screens for hours and hours each day, and were left with their only means of “socialization” to be on-line or “virtual.” They were forced to Zoom and DM and Twitch and TikTok all day every day, if they didn’t just give up altogether and hole up in their rooms under the covers, with absolutely zero interaction at all.

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2023: The ABC’s of CBDC, the Great Reset(s) & MORE Centralized Control, by Matthew Piepenburg

Countries that are suffering from an excess of centralized control usually double down with more control. From Matthew Piepenburg at goldswitzerland.com:

If you want to understand modern CBDC, it may be worth considering the context of history, the philosophy of man, the math of debt and the geology of gold.

Broke Countries Do Bad Things

When broken, debt-soaked “developed economies” suffering from years of fantasy money printing to “solve” fatally rising debt levels collide with history-blind and economically-ignorant policy makers, the end result is always the same: Liberty sinks, currencies die and control rises.

This is not sensationalism, but the toxic evolution of economic, political and psychological patterns seen throughout time.

Sadly, our “times” (as well as the global abundance/convergence of weak leadership) are no exception.

Or stated more simply, inept financial and political leadership leads to even more dangerous financial opportunists and tyrannical policies masquerading as efficient solutions.

Toward this end, the evidence is literally everywhere—left, right and center.

The Inevitable Klaus Schwab-Type

Nowhere is such will-to-power opportunism and fantasy (i.e., centralized) solutions more exemplified than in the so-called “Great Reset” authored by the head of the World Economic Forum, Klaus Schwab.

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