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“Fertile Ground For Conspiracies And Revolutions”

Whether or not we, as a society, can overcome the temptation to surrender our future to a succession of demagogues remains to be seen. And indeed we may be but one tragedy away from seeing the momentum turn irreversibly in favor of politicians who seek to capitalize on fear and intolerance.

Whether or not we, as a society, can overcome the temptation to surrender our future to a succession of demagogues remains to be seen. And indeed we may be but one tragedy away from seeing the momentum turn irreversibly in favor of politicians who seek to capitalize on fear and intolerance.
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2 comments on ““Fertile Ground For Conspiracies And Revolutions”

  1. Curt Tyner

    People in most developed countries are looking at the same data as we are in terms how QE 1,2,3,4,5,6,7,8 or any other number you want to give it does nothing in their eyes for their lives. They see central banks getting bailed out when they screw-up, they then see those same banks lending money to people who will never pay it back. TOO BIG TO FAIL!!! In some people’s view NONE OF THIS SHIT HELPS ME. All this money for everyone but me. I hear it all the time, yet when you ask them about saving they look at you like you are crazy. It is not about free lunches it’s about being lied to day after day. This is a very dangerous time people are fed-up and as Bob Dylan sings “When you ain’t got nothing you got nothing to lose”.

    • This is a very sad and uncertain time for people. The liberal tradition of democratic institutions constructed since the end of WWII is facing serious challenges around the world. While this has been termed Populism, it has significant fascist overtones of nationalism that are very troubling. The whole concept of globalism has developed quickly, and it is being challenged by those who feel left behind. This is also accompanied by accelerating automation and digital development that is resulting in disruptive economic and market changes causing massive redistribution of wealth.

      This is a very dangerous time for all of us.

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