Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on January 25, 2019

Bookmark and Share

Kunstler: In the Deep Mid-Winter

Public Policy

Ill winds sweep across the fruited plain in the cruel heart of winter. America can resolve nothing. The state-of-the-union is a kind of hysterical nausea, and the nation hunkers into its crib of toxic diverse identities waiting for history to bitch-slap it back on its feet. History’s big sister, Reality, stands by, witnessing all. Spring… is… coming….

Things break up in spring. Nature unlocks what was frozen. The bodies emerge from the melting ice and ripen. The air is electric and thunderbolts frighten the gathering mobs in the public square, the Walmart parking lot, with rumors of war. The earth shakes and monuments fall. That’s how it’s shaping up for 2019.

Sometimes nations just lose their shit. The complex collapse of American life proceeds as the public and its leaders fail to comprehend the forces in play. What the Federal Reserve actually accomplished with its ten years of extend-and-pretend policy was not an economic “recovery,” but a degenerative disease of the social contract. If you look more closely, you can sense what will be unleashed when the ground thaws.

There will be a reckoning in the financial markets. Something ominous is rumbling over in bonds. No more high-yield for you! Among the victims of a credit freeze in “junk” (high-risk) lending: the shale oil industry. Watch it start to roll over this spring as money becomes unavailable for the exorbitant operations that comprise fracking. The swift collapse of the shale oil industry will shock the country, but it is really just the downside of its improbably rapid and acrobatic rise since 2005 on the false premise that profits don’t matter in a business venture. Only the fall will be even sharper than the rise: a few measly years. And, of course, the bond market represents the supreme untruth of the age: that debts can be racked up forever and never paid back.

Mr. Trump will be left holding a bag so large that observers may mistake him for a Bizarro Santa Claus. But the baggage within will not consist of sugarplums. It is actually stuffed with bankruptcy filings and pink slips. A year from now, there may be no such thing as a hedge fund left on the planet Earth. Or a job opening, unless you’re really good at weeding or picking fruit. Mr. Trump will attempt a rescue, but so did Herbert Hoover, who had a good three years to try this-and-that while the Depression stole over the land like a deadly fungus. The difference, of course, is that Mr. Hoover was acknowledged as a most brilliant mind of his era, and yet Reality had her wicked way with him, anyway.

The Democratic Party should have been tossed into the rubber room two years ago, but it’s still out there shrieking in its straight-jacket of bad faith. Kamala, Liz, and Kirsten will mud-wrestle for dominance, but so far, the only cards they can show are the race-and-gender jokers in the deck. Meanwhile, the government shutdown standoff may not be the “winner” move that Nancy Pelosi thought it would be. Why do you suppose she thought that the voters would only blame the Golden Golem of Greatness? She could be gone as Speaker when we’re back in shirtsleeve weather.

Also in the background: the likely shocking reversal of the long, dreary, RussiaGate affair as about twenty-odd former officials of the FBI, Department of Justice, CIA, State Department, and other dark corners of the Deep State answer charges of sedition in federal court. Many of them are connected, one way or another, to Hillary Clinton, who may be targeted herself. Robert Mueller is also liable to be smacked with a malicious prosecution charge in the matter of General Michael Flynn when he withdraws his guilty plea in March. A significant moment will be when Dean Baquet is fired as editor of The New York Times, after years of running the “newspaper of record” as an exercise in nonstop PMS.

Financial crack-up and RussiaGate reversal will leave both major parties gasping in the mud as the tide goes out. And just in time for the Yellow Vest movement to cross the ocean and bring out the street mobs to slug it out on the National Mall in lovely weather. Finally, a protest you can believe in! By June, it will be clear that the old order is being swept away. The fight over the new order struggling to be born will be even harsher and deadlier. But we may not be as confused about what’s at stake.

Kunstler



62 Comments on "Kunstler: In the Deep Mid-Winter"

  1. Boney Joe is Pervert JuanP on Sat, 26th Jan 2019 8:25 am 

    boney joe on Sat, 26th Jan 2019 8:24 am

  2. Anonymouse on Sat, 26th Jan 2019 8:27 am 

    Juan, stop the sock puppetry please, dumbassturd.

  3. DerHundistLos on Sat, 26th Jan 2019 8:34 am 

    Cloggie-

    I’m not a mystery. I simply do not fit classic political definitions. Nobody need push me regarding Germany. I am an unabashed defender for obvious reasons. On politics, I will never support Republicans. It is a death cult political party that seeks to destroy the natural world in search of fleeting monetary gain. Trump and his enablers in Congress have worked diligently to turn back, reduce, eliminate ALL environmental laws and regulations as it relates to wildlife, endangered species, parks, clean air, water, and the list goes on and on.
    And, lastly, I also claim to be fluent in Spanish.

  4. Cloggie on Sat, 26th Jan 2019 8:53 am 

    Nobody need push me regarding Germany.

    OK, pulled then. You made your statements regarding “Germany set up for WW2” AFTER I did a lot of preparatory work first here, for years on end.

    On politics, I will never support Republicans. It is a death cult political party that seeks to destroy the natural world in search of fleeting monetary gain. Trump and his enablers in Congress have worked diligently to turn back, reduce, eliminate ALL environmental laws and regulations as it relates to wildlife, endangered species, parks, clean air, water, and the list goes on and on.

    I completely understand that, but the democrats are only a little better in that regard.

    #ClintonItsTheEconomyStupid

    And you cannot reduce all your political interests to “wild life protection” only, regardless of how important that indeed is for the long term. America is entering a phase of strong, potentially catastrophic, political destabilization as a consequence of demographic changes, inflicted on the country since 1965.

    You cannot pull off your white skin as if it were a t-shirt. Environmental concerns will not be high on the US political agenda, until “after the break”. And currently, since Trump, these damned “death-cult Reps” happen to represent your white interest much better than the Dems, who want to push “your kind” into minority status.

    Now I know that you are not a “deplorable”, that you probably have money and means and brains to sidestep a catastrophe, in line with Mak, Greg, Davy and other “people with options”, but for the moment environmentalism will simply not be on the agenda for years to come in America. A luxury most will not be able to afford, especially those who are trapped in their environment and who can’t practice “white flight”.

  5. Sissyfuss on Sat, 26th Jan 2019 9:40 am 

    You’re right about environmentalism taking a back seat until it’s too late, Clextinction. That does not change the fact that you’re Bau bombastic greedy little Natzi bitch.

  6. Cloggie on Sat, 26th Jan 2019 9:48 am 

    That does not change the fact that you’re Bau bombastic greedy little Natzi bitch.

    https://www.syfy.com/sites/syfy/files/styles/1200×680/public/wire/legacy/Dead-Snow2.jpg

    Not to disappoint our 60+-year old juvenile, that guy in the middle, that’s me.

    If I had natzi boots, I would gladly use them to kick your behind to the tune that you would end up ballistically in Greater Baltimore, as there is absolutely nothing lost with you, you nail in the coffin of European civilization, nasty city fire-bomber and nuker and holo-liar. You absolutely deserve what is coming to you shortly.

  7. Cloggie on Sat, 26th Jan 2019 9:55 am 

    Baltimore or why there isn’t going to be a 2nd American Century:

    https://www.youtube.com/watch?v=CUz6BXwM54E

    That’s what you get if you let society be run by the likes of Woodstock headbanger Sissyfuss, who needs the peak oil and climate change fig leaf to deflect attention away from his own shortcomings.

    Die hippie, you are the system.

  8. Davy on Sat, 26th Jan 2019 10:50 am 

    “Baltimore or why there isn’t going to be a 2nd American Century”

    come on clogged, a few city blocks does not represent a country. Man you are hard up.

  9. Cloggie on Sat, 26th Jan 2019 10:53 am 

    Although the UK has not yet left the EU, the EU Medicines Agency in a ceremony has closed shop in Britain and will move to Amsterdam:

    http://www.spiegel.de/wirtschaft/unternehmen/brexit-europaeische-arzneimittelbehoerde-ema-schliesst-bueros-in-london-a-1250141.html

    The EMA checks all medicines brought onto the EU market. 900 high-quality jobs will move to the Netherlands.

  10. Cloggie on Sat, 26th Jan 2019 10:57 am 

    Moonshine holes.

    The Spanish boy that fell into a deep hole of 75 m has been found and unsurprisingly was found to be dead. This diverts the attention to the existence of no less than 1 million of those holes in Spain, a country that has to deal with the consequences of climate change and ever less scarce water:

    http://www.spiegel.de/panorama/todesfall-julen-eine-million-illegale-bohrloecher-in-spanien-a-1250124.html

    “Mind the gap”, as they say in London.

  11. boney joe on Sat, 26th Jan 2019 11:37 am 

    “Meanwhile, the government shutdown standoff may not be the “winner” move that Nancy Pelosi thought it would be. Why do you suppose she thought that the voters would only blame the Golden Golem of Greatness? She could be gone as Speaker when we’re back in shirtsleeve weather.”

    Once again, the Kunt proves that he is a perfect negative prognosticator. Bet on the opposite outcome the Kunt predicts and damn near 100% of the time you will be correct.

    Why is this moron still around.

  12. boney joe is JuanP on Sat, 26th Jan 2019 11:43 am 

    boney joe on Sat, 26th Jan 2019 11:37 am

    Here is the real JuanP from the horses mouth:

    JuanP on Thu, 30th Jun 2016 4:56 pm
    I think I could use my antisocial, psychopathic, sociopathic skills to convince people to vote for Trump. I can be very convincing when I want and I am excellent at manipulating people.

Leave a Reply

Your email address will not be published. Required fields are marked *