Today is the final day in the month of October. Will we see another?
You probably reply ‘of course’. Time marches on. The sun will come out tomorrow. Bet your bottom dollar!
You are correct.
However, the social and political environment will likely change dramatically over the next year. Same song... different verse.
My point is, the current world economic system is guaranteed to fail based on the same logic that assumes we will see another October. It has always been this way. Fiat currencies have failed in the past. These artificial monetary schemes have never worked before.
This historical reality is why I hold hope in crypto currency. Crypto logically offers a long term solution to the problems that are built in to fiat based monetary systems. Governments lack the discipline and wisdom to manage themselves.
Memories of the glory days when currencies were young and strong eventually fade like the memories of warm summer days in October. We know winter is right around the corner.
All systems eventually fail.
Here is today’s beauty.