Another great article from the Belmont Club.

An excerpt:

"because one more thing was lacking. In the period between the collapse of an era but before the birth of a new one comes a peculiar phase which Winston Churchill called The Hinge of Fate. It is a curious, shockingly rapid period. Before the Hinge things run predominantly in one direction and afterwards they run entirely in another. The current crisis has not yet reached the Hinge, but the sands are slowly shifting for those with a mind to notice them."


Go thee forth and read it.