Tuesday, December 17, 2024

since we're early into a fourth turning you'll be expecting to find these things;


The ‘bad thing’ we think these election results foretell is that post-WWII mainstream models — welfare states in Europe/a welfare-warfare state in the US — are running out of juice.

In France, the voters turned against Macron’s ruling coalition. In Germany, they turned against the centrist Social Democrats and Christian Democrats in favor of more extreme alternatives.

Anatol Lieven: Europe's center is not holding

The collapse of the government in France and the ruling coalition in Germany spells continued crises

In America, too, voters selected the ‘insurgent’ Donald Trump over the media-approved Kamala Harris.

Something wicked this way comes?

Executive Summary:

All the world’s major nations — China, Japan, the US, France, Britain and Germany — are facing a debt crisis. Too much spending. Not enough revenue. And now, there’s about $330 trillion of debt worldwide... much of which will never be paid.

Responsible governments try to cut back. But they can’t. The primary beneficiaries — the rich — undermine them. And then, the victims — who have come to depend on handouts — abandon them.

The trend — towards more debt, bigger government, and more inflation — continues until a ‘bad thing’happens, effectively cutting off the money.

In France, the voters turned away from the center and moved towards the right and left, each one offering more radical solutions..........more.......

 

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