theautomaticearth | It’s over! The entire model our societies have been based on for at
least as long as we ourselves have lived, is over! That’s why there’s
Trump.
There is no growth. There hasn’t been any real growth for years. All
there is left are empty hollow sunshiny S&P stock market numbers
propped up with ultra cheap debt and buybacks, and employment figures
that hide untold millions hiding from the labor force. And most of all
there’s debt, public as well as private, that has served to keep an
illusion of growth alive and now increasingly no longer can.
These false growth numbers have one purpose only: for the public to keep the incumbent powers that be in their plush seats. But they could always ever only pull the curtain of Oz over people’s eyes for so long, and it’s no longer so long.
That’s what the ascent of Trump means, and Brexit, Le Pen, and all
the others. It’s over. What has driven us for all our lives has lost
both its direction and its energy.
We are smack in the middle of the most important global development
in decades, in some respects arguably even in centuries, a veritable
revolution, which will continue to be the most important factor to shape
the world for years to come, and I don’t see anybody talking about it.
That has me puzzled.
The development in question is the end of global economic growth,
which will lead inexorably to the end of centralization (including
globalization). It will also mean the end of the existence of most, and
especially the most powerful, international institutions.
In the same way it will be the end of -almost- all traditional
political parties, which have ruled their countries for decades and are
already today at or near record low support levels (if you’re not clear
on what’s going on, look there, look at Europe!)
This is not a matter of what anyone, or any group of people, might
want or prefer, it’s a matter of ‘forces’ that are beyond our control,
that are bigger and more far-reaching than our mere opinions, even
though they may be man-made.
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