The political-economic cycle is perhaps like that of Chinese dynasties. At some point, a given dynasty (such as the Ming) inevitably “turned south,” only to be eventually replaced by a new one (the Qing). Confucius, for example, lived when the Chou dynasty was in decline. Could he have known how close that dynasty was to succumbing to the next one? Similarly, do we know precisely when the volcano of popular discontent will erupt and level the large bewindowed towers extant on Wall Street at the time of this writing? Given the amount of vested power invested in the status quo during the downside run of the cycle, I suspect the Occupy Wall Street movement is further from the end than the protesters think.
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