"It seems to me that it is the beginning of the end."
Translation:Mi sa che è l'inizio della fine.
Rather sneakily, "sapere" in Italian can mean "to smell" or "to taste" as well as "to know". I think that this how it can also be used for "to seem" -- similar to English phrases like "this smells like a scam to me". (wordreference.com tells me that, as in the English equivalent, this sense of "sapere" is an informal usage.)