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Michael Krieger — Americans are Rapidly Descending Into Madness

Summary:
This is interesting post. It reflects a key strain of thought at the time of the craziness over Vietnam that led to the countercultural revolution, communalism, the underground economy, etc. Most people that grew up after that period are unaware of the profound shift that took place in American culture from mid-Sixties (seeded by the Beat Generation of the late Fifties) to the mid-Seventies. The transition was complete by the late Seventies and America set off on another generational round at the time of the Reagan presidency. Krieger's post, with which I identify from those times, suggests that something similar may be happening. This would accord with the generational theory of Strauss and Howe and also suggested by Ravi Batra in The New Golden Age: The Coming Revolution against

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This is interesting post. It reflects a key strain of thought at the time of the craziness over Vietnam that led to the countercultural revolution, communalism, the underground economy, etc. Most people that grew up after that period are unaware of the profound shift that took place in American culture from mid-Sixties (seeded by the Beat Generation of the late Fifties) to the mid-Seventies. The transition was complete by the late Seventies and America set off on another generational round at the time of the Reagan presidency.

Krieger's post, with which I identify from those times, suggests that something similar may be happening. This would accord with the generational theory of Strauss and Howe and also suggested by Ravi Batra in The New Golden Age: The Coming Revolution against Political Corruption and Economic Chaos.

Interesting also, Krieger calls for raising the level of collective consciousness as an antidote to the mass craziness, something that also characterized the period of the countercultural revolution in America and the a renewed interest in spirituality apart from institutional religions. Now meditation is a household word in the West, recommended by health professionals and adopted as a management technique.

According to Stauss & Howe, the Sixties generation was one characterized by Awakening and I agree that this is an apt characterization of what transpired then. However, the present cycle of generational change is characterized by crisis, and that also seems to be the case. This period is a phase transition to the next generational cycle. It is a period of destruction before a new period of reconstruction.

Liberty Blitzkrieg
Americans are Rapidly Descending Into Madness
Michael Krieger
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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