Strong Men Create Good Times Were you forwarded this email? [Sign-up to The Daily Reckoning here.]( [Unsubscribe]( [Daily Reckoning] Weak Men Create Hard Times - âHard times create strong men, strong men create good times, good times create weak men, and weak men create hard timesâ…
- The 250-year cycles of history…
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July 28, 2021 Editorâs note: One generation faces hardship and overcomes it through strength. The good times they make possible generate weakness, which generates more hard times. Today âRich Dadâ Robert Kiyosaki breaks down the long-term cycles that drive history. [Robert Kiyosaki]Dear Reader, There’s a quote from author G. Michael Hopf’s post-apocalyptic novel Those Who Remain that’s highly relevant to what we’re watching today: Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. In a recent interview on The Rich Dad Radio Show, my good friend, investor Mark Moss, shared his thoughts on the current global economic situation. Mark explained, “There are three different revolutionary cycles that are converging right now and, from my standpoint, will drastically impact the next ten years.” Those cycles are political/social, technological, and financial. To understand what will happen in the future, it’s first necessary to understand the past. History is like a train. It’s propelled forward in a certain direction with a great deal of momentum. It doesn’t turn on a dime. If you can see where it’s coming from and how quickly, then you will have a pretty good idea about where it is going, at least in the short term. Economic events cannot be understood outside the political and social context within which they occur. Therefore, an understanding of economics must begin with an understanding of history. If you study history and cycles, you’ll notice we’ve entered the third 84-year populist uprising. 84 years ago was World War II when Hitler and Mussolini came to power. Even in the U.S., FDR changed our country into a socialist-type nation. 84 years before that, it was Karl Marx and the Communist Manifesto and the revolutions of 1848 in Europe. Three 84 year cycles equal a 252-year cycle, which is a revolution cycle. So 250 years ago, we saw the lead up to the American Revolution, which was followed just a few years later by the French Revolution, the birth of democracy, capitalism, etc. 250 years before that, it was the culmination of the Protestant Reformation movement. Recommended Link [[URGENT] Live Demo Inside]( [Read more here...]( A brand-new technology is being rolled out⦠Itâs going to save millions of lives per year⦠Put thousands of dollars back in our pockets⦠And in the coming months, it could give you the opportunity to see a 10x return on your money⦠Watch the demo â so you see this technology with your own eyes. [Click Here To Watch]( Rejecting Centralization Every 50 years, we have a new technological revolution, and these aren't just new technologies like an iPhone; these are things that change humanity. Great wealth, vast fortunes, and mega-rich families were created during the Industrial Revolution. The same is going on today during the Information Revolution. In 1971, Intel first introduced the first commercial microprocessor, which allowed personal computers and ushered in the age of information, the internet, and a lot of the technology we have today. 50 years later brings us to today, and we have another technological revolution. And what is it giving us? Decentralization. Here’s how Moss describes it: So 200 years ago, they rejected the centralization of the monarchy and the United States was set up as a Republic, which is a decentralized government. So history is littered with stories of governments getting too oppressive, being overthrown, freedom, becoming too oppressive and overthrown, and so there are these 250-year cycles. So right now we're at an 84-year and the 250-years converging right now. Bitcoin and Decentralization What could solve the problem of centralization? Bitcoin. Moss frames it this way: If we look at some of the problems that we have, centralization is a problem. The money printer is a problem, an unlimited money supply. Censorship is a problem. Man is always the problem because man always tries to corrupt these things. We have a problem where we used to be ruled by law, like the Constitution, but today we're ruled by men, who constantly change the rules all the time. So those are the problems that we have we need solutions for. The technological revolution that is happening with Bitcoin can create new economies just like the microprocessor did 50 years ago. Profiting From the Rise of the Decentralized Age Money without borders and government control will change the entire world. Blockchain may take us out of the Information Age and bring about the Decentralized Age. Whenever Ages change, chaos and confusion result. Decades ago, people could not comprehend the internet. Those that could understand it were leaps and bounds ahead of the Industrial Age investors and capitalists. I predict the same will happen with the Decentralized Age. Bitcoin’s characteristics make it a direct competitor to the central banks because of its absolute scarcity, resistance to theft and confiscation, and the fact that the system it’s built upon prevents it from being shut down. Why am I so interested in Bitcoin and cryptocurrencies? The same reason I love gold and silver, they free my money from State control. I know there are three sides to every coin, the head, tail, and edge. Wisdom is found on the edge. On one side of the coin, we have the “old” guys, who won’t even consider Bitcoin and cryptocurrencies. On the other side of the coin, we have the younger guys, who don’t trust the system and the Federal Reserve and will only invest and buy crypto. My job is to stay on the edge, philosophically, and gain the knowledge both sides possess so I can strike and profit when the time is right. So, on the edge, we just keep an open mind. As you know, our world faces many challenges, many much bigger than a financial crisis. Recommended Link [Big Governmentâs New Move Set to Dramatically Impact Portfolios]( [Read more here...]( On December 31st, 2021 one 22-page government document is set to be put into effect while creating a meteoric rise in one tiny corner of the market. A rise that could potentially hand investors phenomenal returns. Hereâs what you need to do now to position your portfolio accordingly. [Click Here To Learn More]( The Government Won’t Help You Many people ask, “What is our government going to do about it?” And I believe that is a major part of our crisis: Too many people expect our government to solve our problems. Too many people are dependent upon the government for a paycheck. Inventor and visionary Buckminster Fuller did not care much for politics. He said, “My ideas have undergone a process of emergence by emergency. When they are needed badly enough, they are accepted.” He also said that we had a choice of creating heaven — or hell — on earth. He warned that our generation, not his, would face the biggest crisis of all — a crisis marking the end of the Industrial Age and the beginning of the Information Age. His forecast was accurate. Today we are all in a giant, global state of emergency. The good news is that Fuller often spoke on the Generalized Principle of emergence through emergency. He explained that out of all emergencies, something new and better emerges. He used the example of an unborn chick, still in its shell, panicking as it grows larger, trapped, with food, air, space, and life support running out. Just when things look the darkest, the chick breaks through its shell and emerges into a whole new world. Fuller was concerned about whether or not humans would choose to create heaven on earth — or choose oblivion — as we evolved into the future. He warned us not to be complacent, not to let our politicians determine humanity’s future. He warned that the old guard that controlled power would fight to hold on to that power. Our challenge as we enter this global emergency is: Who determines our future? The answer brings me back to the quote at the beginning of this article: Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. Regards, Robert Kiyosaki
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