What's Going On: A Synopsis, Part I

 What's Going On: A Synopsis, Part I

There seem to be two economic- and social- Cycles.

In the first, repeated more often (within Capitalism, at least), the economy crashes every twenty years or so.

The last crash was in 2007/08 (Northern Rock etc,here in the UK; likewise in the US).

So, the next crash is, or was due later in this decade.

Say, by 2027.

The second cycle seems to be about every five hundred years, when the entire economic- and social-system changes.

Thus, in Britain:

The Romans arrived at about two thousand years' ago (55BC or so, if I remember correctly).

Then, about five hundred years' later, they left, and the Angles and Saxons turned up, from what is now Eastern Denmark and, at about the same time, again if I recall correctly, The Jutes were 'invited' to come and 'protect' Kent, from about the same place.

About five hundred years' more, in 1066, 'The Northmen', who had settled in Normandy, likely from what is now Norway, (and, so, are referred to as 'The Normans') turned up at Pevensey, East Sussex.

William brought his bankers (likely from Rouen) and a supporting army.

Then defeated the Anglo-Saxon army, directed by Harold Godwinson from Wessex, and said:

    'This is now ours, and, so all Rents will be paid to us (me) as per the new Rent Book, called The Domesday Book.'

  'Oh, and assorted Taxes and Fines, too.'

Five hundred years' later, in 1545, a new set of rulers took over: The Usurers.

They 'convinced' the by-then decadent 'King' (Mafia boss, called Henry: the Eighth one to be so named: Ie 'King' Henry VIII) to legalise Usury for the first time in England.

 A little-known, or little-reported, and certainly-now, little-taught, but true, historical fact.

And, thus, five hundred years' or so, ago, Modern history started: the history of a new set of exactions for Rent, Interest, Profits and, yet more Taxes and Fines, called Capitalism.

Which, for the first time, was made legal.

So, here we are, Five hundred years' later.

When a new economic- and social-system need to be put in place.

Because the present one is busted.

Beyond repair.

Or 'Reset'.

More in Part II.