Wisdom from the Seven Sages: Can Solon’s Reforms Rescue the West from the Oncoming Banking Collapse?
With the Silicon Valley Bank having just gone under, followed by the New York-based Signature Bank, with a third and fourth major financial institution on the brink of collapse, the greatest financial bubble in human history—the Wall Street/City of London banking system — appears to be finally unwinding, as it inevitably must.
However, while some have gotten so fed up with the degeneracy and orgiastic usury of the City of London/Wall Street system that they would like to just see it all crash and let the chips fall where they may, the question is: can the financial cancer be cut out without sacrificing the entire system upon which the Trans-Atlantic world is built? Does the best of Western civilization have to go with the rot of a decrepit financial empire, or is there a way to separate out the legitimate portions of the financial system from the doomed zombie banking casino? In a word: the question comes down to whether the legitimate assets, including people’s deposits, savings, pen…
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