Sunday, September 13, 2009

Back to the old world order

When we "won" the cold war, we didn't win at all. By bringing China and Russia into capitalist society, we sealed our own doom. History has shown again and again that men gravitate to the feudal system, where a few people own all the resources and the rest of us just try to eek out a living. The rise of the US after WWII was the first time where a middle class was allowed to think they could live like rich people. Even during the Renaissance, the merchant class had no delusions that they were anything other than tools of the rich. But Americans really started believing that anybody could break into the fraternity. Once the dollar is no longer the reserve currency, that delusion will go away and we, the American middle class, will slowly become the lower class. I hope the handful of people who made it into the fraternity enjoy it, because the rest of us are in for nothing but pain as our USD based assets become worth nothing.