Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Pinochet’s Chile

Historical Insanity

Ominous Historical Parallels for Modern America

I think a long-term descent into tyranny as in Rome is improbable in America because the USA has a richer and potentially more powerful rival in the People’s Republic of China. I believe a more probable outcome in America is several years of hate-filled lunacy similar to the early days of Pinochet’s dictatorship or the Spanish Civil War.

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