Stepwise progression towards the MOTB continues:
On a recent Monday in April, more than 100 executives from some of the world’s largest financial institutions gathered for a private meeting at the Times Square office of Nasdaq Inc. They weren’t there to just talk about blockchain, the new technology some predict will transform finance, but to build and experiment with the software.
In the wake of new accusations of Russian “aggression” in the Baltic Sea, the US Navy’s top officer has called for a "normalization" of relations between Washington and Moscow.
All of the above I believe are symptoms of a greater problem. As a Briton, I’m very aware that, during the decline of the British Empire, many of my fellow Brits pretended that it wasn’t happening, saying, “There will always be a Britain,” and “The sun never sets on the British Empire.” And, tellingly, they continued to behave as though Britain were still top doggie in the neighbourhood. (We still had vestiges of this, right up until the 1980s, decades after it was clearly all over.)
The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”
When a ship is going down, the very worst reaction is to pretend that everything’s fine and that it will all turn out okay. Yet, just as it occurred in Britain, we see today in the American people a desire to pretend that, although all is not well, there’s a rainbow just over the next rise, and that if the people (and their presidential candidates) will only make their hopes and promises big enough, the greatness will return along with good times for all.
I wish that that were the case, but I’m inclined to believe that self-deception does not improve the situation; it exacerbates it. Better to face reality then create a plan to address that reality.