We are like passengers on the Titanic ten minutes after its fatal encounter with the iceberg: the idea that the ship will sink is beyond belief.
We cannot know when the Central State and financial system will destabilize, we only know they will destabilize. We cannot know which of the State’s fast-rising debts and obligations will be renounced or written down; we only know the debts and obligations will be renounced in one fashion or another.
The process of the unsustainable collapsing under its own weight and being replaced with a new, more sustainable model is called revolution, and it combines cultural, technological, financial and political elements in a dynamic flux. Though these systemic transitions can be profitably understood as cycles, history only illuminates past transitions; what the new arrangement will be is our choice.
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