In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
- History Is Full Of Cycles
- 80-year & 240-year being the most dominant for empires
- At The Cycles End
- The US is at the end of both a 240-yr AND 80-yr cycle
- A Global Reset
- Given the huge distortions, a worldwide reckoning is overdue
- What Will Emerge From The Ashes?
- Will the new order make better decisions?
This week, Chris and Charles look across the expanse of history, at past empires and the paths they followed as they collapsed. They see many signs that the current world order is reaching its last moments before something new emerges — likely out of the chaos of a systemic reset.
Before that happens though, the current system needs to topple under the weight of its shortcomings, one of which is the concentration of wealth and power into fewer and fewer hands. Charles explains where to keep our focus:
90% of our entire income, national income, and interactions are with a handful of cartels. Which we now have new ones. We've got Google, which is essentially a monopoly. We have Facebook, which is a monopoly. The dominant players are Apple, Netflix. The usual crowd. Amazon. They are so large, so wealthy that they're basically so far beyond competition that they're a monopoly.