In this fifth episode of Keiser Report’s Summer Solutions 2021 series, Max and Stacy chat to James Howard Kunstler of Kunstler.com about the Fourth Turning of a rotting empire facing a Thucydides Trap. They look at the reversal of growth leading to a situation where there is not enough surplus wealth to service the debt and so we have a system in which debts are never expected to be repaid. The withering and reorganizing of international trade is underway as a consequence and hindering the ability of the US to project economic domination. And, finally, they examine the woke hysteria leading America down the path of idiocracy.
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