Tuesday, June 17, 2014

The Fourth Turning

I first read about this phenomenon a couple of years ago. I did some research on it, agreed with the premise, and wrote about the fourth turning on this blog.

Essentially the four turnings or cycles occur every 80 years. Like the seasons, the fourth turning occurs in the last 20 years of the 80 year cycle and marks a sort of winter, or death phase if you will. A cataclysmic ending to the events that preceded the onset of the fourth turning in the first 60 years of the cycle.


Many people including myself believe that we entered the fourth turning in 2008. Nothing in today's events are slowing this belief down- in fact- this President, Congress, and Supreme Court seem to be accelerating the fourth turning.

If you don't read anything else this week- read this. It is very well written and explains with precision how the events of today are nothing but lies and distractions and that ultimately- the shit really is going to hit the fan.



Compleat Patriot said...

Read it yesterday. Carroll Quigley basically covered this in his 1966 book, "Tragedy and Hope". And later in his Anglo-American-Establishment.

“The National parties and their presidential candidates, with the Eastern Establishment assiduously fostering the process behind the scenes, moved closer together and nearly met in the center with almost identical candidates and platforms, although the process was concealed as much as possible, by the revival of obsolescent or meaningless war cries and slogans (often going back to the Civil War)….The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to the doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can “throw the rascals out” at any election without leading to any profound or extreme shifts in policy. … Either party in office becomes in time corrupt, tired, unenterprising, and vigorless. Then it should be possible to replace it, every four years if necessary, by the other party, which will be none of these things but will still pursue, with new vigor, approximately the same basic policies.”---Tragedy & Hope, pp. 1247-1248

He was right on here;

Quigley, on page 324 of ”Tragedy and Hope,” states:

”The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.

This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.

The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations.

Each central bank sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians.”

“… those who formally rule take their signals and commands, not from the electorate as a body, but from a small group of men… the Establishment. It exists even though that existence is stoutly denied, it is one of the secrets of the American social order. A second secret is the fact that the existence of the Establishment – the ruling class – is not supposed to be discussed. A third secret is implicit in what has been said – that there is only one political party of any consequence in the United States… the “Prosperity Party.” The Republicans and the Democrats are in fact two branches of the same (secret) party.” ---Professor of Political Science Carroll Quigley, GEORGETOWN UNIVERSITY; author Tragedy and Hope.

A first edition is around $2,000.00

PeterE said...

I'm so curious to see how this whole mess pans out. My only fear is that the complete mess we have now will simply be replaced with a system that on the surface looks good, but underneath is even more open to manipulation, fraud and control of the masses.

Take a step back and watch it unfold.

Compleat Patriot said...

Brian, you remember going into 2008-2009? We were wondering and maybe expectant while being speculative? Then everything changed. And its still trending down. I know you know. Here's the thing, I think we get to see it again.. Same time frame, same pattern.. 2014-2015-2016.. I wonder, will they level the playing field finally and nail the people who's lives have stayed the same and push them off the cliff with the rest still spinning from the 08-09 drop off? Or will they hyper inflate the price of everyday usable goods out of the reach of the average people and only the wealthy will be eating? Some of my economic sources predict before the old financial system can be replaced by the new financial system there will be a down time of 3 months to 12 months.. And I keep wondering what is this new financial system in the works. Will it be all electronic? Labor credits traded for goods and services credits? Easier for them to track all transactions.. I used to think my metals and other commodity wealth would benefit me in an underground economy, now I'm not so sure. Underground trading of usable goods is down, never seen it this bad before..

Brian said...

I loved this comment. Here's what I think might happen and I have pondered it a great deal.

First of all the demographics are going to kill them financially. Remember, the baby boomers 46-64, have really only begun to retire since about 2011. If you were born in 46, you turned 65 in 2011. So this thing gets full swing by 2020. Taxpayers leaving the workforce enmasse and demanding social security and medicare.

Secondly, assuming the same spending habits, unwillingness to control it, and here's the biggest assumption- these same low interest rates- the debt clock puts our debt right at 23 trillion in 2020. This does not count the 60 trillion that is not counted.

So we know this maxim. All debts are paid. So just who (boomers gone) is going to pay and how? It can't be done. There are no jobs and no money. There is only way to pay this debt. A hyperinflationary event. It absolutely has to end that way. A hyperinflationary event is the only way they can zero out this mess and start over. The dollar will become a banana republic currency. They will price oil in something else. It will no longer be the worlds reserve currency.

I absolutely agree that there will be a 6-12 month timeframe where the world's bankers and politicians- those who destroyed the system- who will then pretend to be the heroes who save us. (Think Hank Paulson and his book)

So I don' know if the reminbi becomes the reserve currency, we get a basket of currencies to peg to, or the bankers and politicians try to put us on one world currency or an electronic card. They would love the card because they could track everything we do.

In a hyperinflationary episode- the one that has to take place that will finally bury the dollar and this ridiculous mountain of debt which can never be paid- the only way to obtain goods and services will be with items of value. I have been giving this a lot of thought. In fact I am buying a new rifle in .223. Not because I like the ballistics better than lets say a 22-250 but because .223 ammo is ungodly common, still relatively cheap and easy to get and tradeable. I can trade .223 ammo for things I need. I have three rifles, a shotgun, and three pistols. Nothing like your armory- but I think having multiple thousands of rounds for each weapon gives me barter and safety room.

Gold and silver, platinum, paladium, and copper- will all be worth lots in terms of barter. Do I want to trade any of that for worthless FRN? Of course not. However, in the hyperinflationary event- let's say gold goes to 100k an ounce. Guess what. I can pay off the mortgage with an ounce.

People think that in a hyperinflationary event money is plentiful- the opposite is true.

If you have PM's, barterable things like ammo, you have tangible wealth. Real stuff. FRN's are asswipe. Not backed by anything and printed at will. If You need something from me we will be trading with stuff that has value. Not asswipe. I am all stocked up on that.