"Most of what I wrote above is already known to most readers, even better than I described it, however, I wrote this to speak to the most important aspect of what is happening aka. the inevitability of cycles. The repudiation of Kondratieff focuses mostly on the repudiation of inevitability aka. fatalism. Human beings detest fatalism while at the same time doing everything possible to make it inevitable. If we are aware of something, then why don't *we* stop it from happening? This cycle more than any other puts that argument to rest. We live in a society that now believes 0% will fix 1%. Wherein gamblers rotate their remaining chips from one losing asset class to the next, and then the next. Three cyclical bubbles in fifteen years. Why didn't *we* stop any of that?

Cycles repeat because hairless monkeys as a whole are sheeple who follow each other around blindly. They're mass conformists. The fact that they don't acknowledge this is purely a function of over-sized ego. More importantly, cycles repeat because, innovation, growth, stagnation, excess, greed, hubris, decadence all repeat. The cycle is predicated upon human fallibility and a total lack of introspection. I'm not saying that collapse IS inevitable, only that the people who believe it's not inevitable are the ones making sure it is.

Maybe one day we will live on the Starship Enterprise where the cycle no longer exists, but that day has yet to arrive.

Winter is de facto."

Quelle:hier

Saludos

el_mar

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Ave Big Pharma, morituri te salutant