by Charles Hugh Smith
Of Two Minds
The core dynamic is ultimately the loss of social cohesion within the ruling elites and in the social order at large.
There’s a definite end of days feeling to the euphoria that the world didn’t end on November 3. And what better way to celebrate the victory of what passes for normalcy with a manic stock market rally?
It’s as if everyone knows there is no returning to the good old days of a well-oiled Imperial machine chewing through any and all obstacles, and this realization is so frightening that the need to pretend everything is fine, just fine, overwhelms the last remaining ties to reality.
And since there’s a brief intermission between gladiator battles while the Coliseum attendants remove the fallen heroes from the last entertainment, let’s play the historical analogy game: which collapse will America track most closely? Rome circa 475 AD, the USSR circa 1989, or Revolutionary France circa 1789?