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Light At The End Of The Tunnel?

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 Speaking of "warring elites"... Light At The End Of The Tunnel? Mark Wauck Clarity appears to be emerging regarding the meaning of the banking crisis. And with that clarity there may be some hope for our future as a nation. The day began auspiciously with a comment from Melinda Romanoff: henry posted these, you know where. Here's my spin: This is trading floor quality distillation. Too good not to share: The Cryptocalypse Chronicles How Everyone Is Getting The Story Of Silicon Valley Bank and Signature Bank Completely Wrong "Beware the ides of March." - William Shakespeare I usually don’t write a new post so soon after the last post but it seemed kind of necessary given the implosion of Silicon Valley and Signature Banks and the potential collapse of capitalism itself. I have watched with increasing alarm as seemingly every reporter on the planet gets the story com… Read more 3 days ago · 17 likes · 1 comment · Michel de Cryptadamus Ryan Grim Jay Powell kicked ...

Welcome to the Era of Warring Elites

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  What the Warring Elites don't want us to realize is that a system of transparent competition in which no fiefdom is allowed to become dominant best serves the interests of society at large. I've been writing about  Warring Elites  for a long time  (since 2007). As I have often noted, historian Michael Grant identified  profound political disunity in the ruling class  as a key cause of the dissolution of the Roman Empire. More recently, I've observed that  Our Fragmentation Accelerates  (December 20, 2019). Eras of Warring Elites  have two key dynamics.  One is that the Elites' interests diverge from those of the society as a whole. In expansive eras, the many competing interests within the Elite class find common ground in supporting the status quo, and relegate their turf squabbles to the private club rooms. On the whole, the shared interests of the Elite class align with society at large. Since I see the global status quo as fundamen...