A ‘Disintegrative Winter’: The Debt And Anti-Status Quo Super-Cycle Has Turned
by Charles Hugh-Smith via OfTwoMinds blog,
ZeroHedge.com
Dec 5, 2016
With this list of manifestations in hand, we can practically write the headlines for 2017-2025 in advance.
How would you describe the social mood of the nation and world? Would anti-Establishment, anti-status quo, and anti-globalization be a good start? How about choking on fast-rising debt? Would stagnant growth, stagnant wages be a fair description? Or how about rising wealth/income inequality? Wouldn’t rising disunity and political polarization be accurate?
These are all characteristics of the long-wave social-economic cycle that is entering the disintegrative (winter) phase. Souring social mood, loss of purchasing power, stagnating wages, rising inequality, devaluing currencies, rising debt, political polarization and elite disunity are all manifestations of this phase.
I have covered the cyclical nature of human social orders many times, most recently in We’ve Entered an Era of Rising Instability and Uncertainty (July 18, 2016)
The Rest…HERE
