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In the Footsteps of Rome: Maybe It No Longer Matters Who’s Emperor

Charles Hugh Smith
September 8th, 2020
Of Two Minds Blog
Comments (8)

This article was originally published by Charles Hugh Smith at Of Two Minds Blog. 

Pretense and PR are not reality, and believing the Old Normal will magically be restored with sacrifice-free Federal Reserve printing is not an actual strategy.

Quick history quiz: who was the second-to-the-last Emperor of the Western Roman Empire? How about the third-to-the-last? Answers: Glycerius, 473-74 A.D. and Julius Nepos, 474-475 A.D. The last emperor was the grandly titled Romulus Augustus, who reigned less than a year until the whole shebang disintegrated in 476 A.D.

You get the point: when the momentum of collapse crosses the Event Horizon, it no longer matters who claims the title of Head Snake; the collapse is beyond the control of any individual or agency.

So when I hear the most important election in history, last chance for democracy, etc. I hear blah-blah-blah because we’re following the footsteps of Rome’s collapse to a T.

As I explained in How Nations Collapse: Disunity (8/20/20), profound disunity between classes and within power elites is the key driver of collapse, as all the energy required to make the perilous, radical changes needed to save the system are squandered on in-fighting and jockeying for control of the dwindling centralized power.

The final generation of Romans also preferred pretense to reality. The last Roman elites found solace in Rome’s past glories as if it was inevitable that something or other would magically restore Rome’s power and stability without any sacrifices being made by the elites or the public.

Today we hear the shrill, keening cries for the pretense of unity: since actual unity has been lost, then public-relations pretense is the best the elites can manage.

just as in the waning days of the Western Roman Empire, the elites got overly greedy and complacent–a fatal combination. America’s billionaire class and the New Nobility just below the billionaires have scooped most of the economy’s gains since 2008 and paid either zero or low taxes. (Just ask Mr. Gates how to make your fortune tax-free via philanthro-capitalist foundations that are simply other avenues for achieving the same dominance.)

Once you have a Big Tech monopoly, the political influence to protect your monopoly, and the Federal Reserve juicing stocks, junk bonds, etc., then your greed has no limit. Just as in Rome’s waning days, the super-wealthy evade taxes and indeed, any sacrifice. Whatever wealth remains is sluiced into the coffers of the super-wealthy while the citizenry pay the price via the destruction of social mobility, higher taxes, and a fast-decaying real economy.

The power elites are complacent, as they believe manipulating top-heavy bureaucracies and captured central bankers is the only skillset needed. Creating value or real-world goods and services? Why bother when the real money is made in corruption, fraud, and legalized looting?

America squandered its last chance to make the necessary sacrifices and radical systemic changes in the 2008 Global Financial Meltdown. The power elites bailed themselves out at the cost of systemic stability, and now the dominoes are finally falling.

Human Wetware 1.0 hasn’t changed since 473 A.D. and so our elites are filled with the same complacent hubris as the last batch of greedy, entitled, overly impressed with their wealth and power elites of Rome.

The Fed will continue to bail out all those whose self-serving greed undermined the republic, and print trillions to distribute bread and circuses to placate the milling mob, thereby destroying the value of the bread and the last pretenses of a “market economy.”

Rather than face the need for a radical from-the-ground-up reformation of the political-economic system, our elites have focused on increasing their already destabilizing wealth and power and taking down their elite rivals.

As a result, there is no way to stop the dominoes from falling. Pretense and PR are not reality, and believing the Old Normal will magically be restored with sacrifice-free Federal Reserve printing is not an actual strategy.

The Fall of the Roman Empire: A Reappraisal (Michael Grant)

President Trump is Breaking Down the Neck of the Federal Reserve!

He wants zero rates and QE4!

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Author: Charles Hugh Smith
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Date: September 8th, 2020
Website: http://charleshughsmith.blogspot.com

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8 Comments...

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  1. Andrea.Iravani. says:

    At this late stage, they ( the power structure ) are officially both psychotic as well as psychopathic, which is extremely unusual, but extremely dangerous. They are maniacal psychopaths that have completely lost touch with reality and have convinced themselves that they will manage to walk away from it all unscathed, and they have caused it all, and have pathologically lied about all of it. Someone has to have completely lost touch with reality to believe that they yield such levels of omnipotence. They have been grasping at straws with multiple criminal conspiracies violating RICO laws going off at once, Covid Lock downs, hysteria, forced distancing, masks,
    contact ( tracing) spying, BLM, Rioting, Looting, Vandalism, Arson, Antifa, Biden, Trump, rumors of second waves and EMPs, rumors of future food shortages, etc.

    They have tried everything but the truth, that it was all a cover up for financial fraud that caused the 4th economic collapse in my life, with each one larger than the preceding one, and prosecuting the psychopaths for financial fraud and high crimes and treason.

    Andrea Iravani

  2. Cmoore says:

    I believe this will be the last so called legitimate election we will have. If Trump is some how reelected we will never have another Trump. He has been the wall between globalism and the American people. But even if he does win globalism will figure out a way to skew everything and if he loses our way of life is over. So many people in this country are unaware of the consequences. I pray for our country…….

  3. Chilton says:

    Another fear porn article saying how hopeless everything is. So why don’t we just all kill ourselves right now then?

    This shit is getting just as bad as CNN.

  4. Frank Thoughts says:

    The fissure with blacks is unfixable within the current structure of the US. A great deal of social and economic paid would go away if blacks were given their own homeland and separated away from the whites, Latinos and Asians.

    A white/Latino/Asian USA would thrive in the 21st century. But it can’t do so with the rotting corpse of race relations hanging around its neck.

    In short blacks will always be a downer in the American landscape because they will never forgive slavery or get over it. It is best to pull apart and then do business in the future on an equal footing where a black separate state could sell its music and culture to other states.

  5. “A house divided against itself can not stand” – Jesus

  6. Between Three Centuries says:

    Sub Saharan Africans world wide do not have Neanderthal DNA. They did not go through 50,000 years of ice age IQ increasing development like Caucasian’s and Mongoloid races did. All races today are a combination of the two. The average IQ of the Ice age decedents is 100+, while the IQ of the Negroid race is 70. Without some miracle of science brain chip implant or a DNA upgrade, they will always be 50,000 years behind the rest of the world. Either they succumb to future shock or we all have to go back to living like animals in the jungle living in mud huts and eating bugs just to be on a level playing field. I think we all know the answer.

  7. Andrea.Iravani. says:

    Trump has revealed himself to be as unscrupulous a charcter as one could be, with his “4D chess” strategy including using a plandemic scamdemic as a fall guy for his economic disasters as well as his culture of corruption, in addition to trying to incite race wars turning blacks and Jews against white Christians and vice-versa. The man is a sleazy scum bag and employs white trash tactics and divide and conquer. Trump pretends that the financiers of BLM are unknown and are in the shadows, even though everyone knows that it is corporate America financing them, who Trump refuses to hold accountable, because it benefits him politically. Trump is one of the worst presidents that this country has ever had.

    Trump is relying on a gas-lighting psy-op QAnon to get re-elected.

    That is how desperate and full of shit Trump is! Unfortunately, if people are stupid enough to fall for QAnon, they are stupid enough to fall for Trump.

    If you don’t stand for something you will fall for anything. Trump stands for nothing. He has proven it. He is a stuffed suit.

    Trump is totally evil.

    Andrea Iravani

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