Justin's note: As you know, this week and next, we're going full-on "Totally Incorrect." We're featuring the most controversial content from our founder, legendary speculator Doug Casey. We're telling you what you need to hear – so you can prepare for (and profit from) what's in store for America.
The mainstream media is too afraid to say these things. So today, Doug will share some shocking predictions.
As Doug shows below, it's likely we're nearing what he calls, "the biggest change in human history." While what he says may seem unbelievable to 99% of people, he urges you to consider it seriously…
By Doug Casey, founder, Casey Research
What you're going to read in the next few minutes will be shocking and unbelievable. But it's also factual and logical. That will make it upsetting and disturbing. Most people are at least vaguely aware of what's happening. But very, very few are aware of its degree or the implications.
As you probably know, I believe times are about to get quite rough economically and politically. But, at the same time, I'm very optimistic about what's happening in science and technology. So let me hazard some predictions. And break the old rule about how, if you predict an event will occur, to make sure you don't predict its timing.
The Recent Past
I was born just after the end of WW2. It was an idyllic era to be an American. The U.S. had more wealth than the rest of the world combined. Things were mellow at home as Leave It to Beaver in the '50s transitioned into "California Girls" in the early '60s.
True, there were at least a couple of times (the 1962 Cuban Missile Crisis and a while in the early '80s) when it looked like there might be a global thermonuclear war. We not only dodged those bullets, but things kept improving. The average American accumulated so much stuff that he had to rent a storage unit, after filling up his two-car garage.
The USSR collapsed, and the U.S. government went on to become the world's only superpower. Things have been pretty good within living memory. No matter that the last couple of generations of prosperity were financed mostly with borrowed money.
Although everybody (including me) tends to focus on political events, it's a mistake to pay too much attention to them. Governments, and even countries, come and go, rise and fall. Political events should be viewed as flavoring to the stew, painting on a house, or trim tabs on a flight. They're worth noting, but – unless they're really bad – only marginally important over the long run.
What is important? From a long-term point of view, there are really just three things: science, technology, and capital. Science lets you understand how and why things work. Technology lets you put the theory into practice. And capital gives you the time and material to make use of science and technology.
Let's look at civilization from that long-term point of view. Since the appearance of Homo sapiens about 200,000 years ago, things improved at only a glacial pace until the end of the last ice age about 12,000 years ago. Then, with the start of the Neolithic era and the Agricultural Revolution, things started getting better every millennium. Then, since the start of the Bronze Age about 5,000 years ago, they started getting better by the century. Then, with the Renaissance and the Enlightenment, by the decade.