The Decline of the West and Personal Finance

January 25, 2020

My Dear Reader,

While I think it’s hard to argue against the persistent social decline in the US, I believe nothing else read it better than two events that both occur this week. in Virginia, a pro-gun Grassroots movement was able to recruit over 60,000 activist of all backgrounds to protest the harsh new laws black governor Northam wanted to implement. On the other side, you have Alexandria Ocasio-Cortez speaking at a Martin Luther King jr. event and decrying the rich. On the surface it looks like a simple political spat, but I think we can take a deeper look enter both offense and connect the two, and from this gain an interesting picture of the future for personal finance.

At the Virginia rally, one of the protesters was seen carrying a guillotine through the throngs of people protesting the gun laws. An obvious reference to the French Revolution, and more specifically the reign of terror. And on the other side at the doctor King events, AOC made the statement that “billionaires are inherently, morally corrupt”. The important thing to take away from this is that if you feel you’re a victim, it’s much easier to justify violence or immoral actions on your own part. It worries me that violence against those who disagree with you on politics is becoming more and more acceptable. I don’t think I have to remind anyone of the Charlottesville riots for Bernie Sanders supporter attempted assassination Republican congressman. I think this is in large part due to the fact that we have two different opinions of what the United States is. If one party attempting to turn into a socialist state and radically change what it means to be an American, and another party that is attempting to reinforce the Constitution. not asking you to pick a side, but the two are so desperate that it appears there is little common ground to unite both sides.

What this means is that whenever the next economic crisis hits, it could fundamentally change our civil discourse. This is because whatever common ground is left will be abandoned as each side point fingers. and we can blame the other side but I believe that the real culprit is going to be the debt issues that will talk about next week. and avoiding them will have more to do with their own personal decisions, and not sweeping political change.

To your Creation and Potential,
Kevin Prendiville