'The Light at The End of the Tunnel –
It’s Not All Doom & Gloom"
by Martin Armstrong
“Governments, if they endure, always tend increasingly toward aristocratic forms. No government in history has been known to evade this pattern. And as the aristocracy develops, government tends more and more to act exclusively in the interests of the ruling class – whether that class be hereditary royalty, oligarchs of financial empires, or entrenched bureaucracy.”
― Frank Herbert, "Children of Dune"
Excerpt: "Many people have asked how bad it will get. Will there be civil war and blood in the streets? I do not see a revolution in the United States in the sense that one side is all-powerful and seeks to eradicate its opponent. The risk that the United States will break up, as in Canada and Europe, does not imply outright civil war. The break will likely come first, and it will form along the lines of the LEFT vs. the RIGHT.
The good news is that the fall of the West is inevitable since no political state lasts forever. However, this time it is different, for it is not people rising up against tyranny that produces the blood in the streets as in the American and French Revolutions. Here we are dealing with the facade of Republican forms of government worldwide that have become unresponsive to the people, but are economically crumbling from within at their very foundations.
This is the Sovereign Debt Crisis. The fall of the West can be largely silent, much like the fall of the Soviet Union. As I have said many times, Russia collapsed all by itself because COMMUNISM was not economically sustainable. Here in the West, rising “progressive” movements are also undermining the economy; like the USSR, they are economically inefficient.
A USSR-style collapse of the United States, a sudden, negotiated dissolution of the entire federal union into separate successor states, without a civil war, is highly unlikely without a Sovereign Default. The key is the government’s ability to muster forces against the people. That requires the fiscal capability that becomes nonexistent in the middle of a Sovereign Debt Default. Therefore, a non-violent collapse is not theoretically impossible. The historical conditions that allowed the Soviet Union to dissolve peacefully are largely absent in the American context, and most scholarly assessments point toward either continued institutional decay or a violent rupture rather than a clean “velvet divorce.”
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