Is It "Just Me," or Are We STILL in a 3T?

[David Horn]

(02-08-2022, 05:48 PM)Mikebert Wrote: ... What I am getting at is for all previous 4Ts by this far past the trigger most of the crisis has already happened. This time no action has happened on the problems we faced in 2000 are all still with us. We were polarized and unable to act when Clinton was president, and we still are. The showdown between the two sides that resolved this problem in the past 4Ts has not happened. It has been delayed. Every time a potential crisis shows up: 911, 2008 panic, March 2020 crash, Jan 6 uprising elites find a way to paper over it and prevent any resolution from happening. These delaying actions, or kicking the can down the road, is the hallmark of the 3T. Examples from the 1990's include the Gulf War than wasn't ended (the war continued with Iraq invasion in 2013 and the 2014 ISIS war). Financial bubbles such as the one in 2000 when I first came to T4T are still with us 22 years later. Does anyone *really* think that throwing trillions of dollars of QE and deficit spending into financial markets won't eventually lead to currency debauchment? Does anyone think the growing divide between Red and Blue America can be bridged by speeches from a somnolent Joe Biden or a mendacious Trumpian figure?

Of course not, but that's all there is on offer as long as elites believe they can "manage the situation," keep kicking that can down the road as they have been doing for thirty years. And as long as they continue to do so, We Be 3T.

Agreed, it's likely that our knowledge of the cycle mated with a widely shared belief in expertise (especially true of the Democrats) has led us here. What's less certain is the ability to forestall actions indefinitely. As a society, we're already fragmented and it's getting worse, so societal failure can't be totally discounted. If so, what then?

The degree of shared trust can't get much lower, but we're still being somewhat cooperative with the PTB. The Right is already in full retreat from that commitment, and the Left isn't far behind. Anarchy and chaos in a nation with nuclear weapons and a military drawn heavily from one side doesn't bode well.