2017 Outlook - James Howard Kunstler

JGeropoulas

The Living Force
This article covers so many topics, I resorted to posting here.

I was impressed when I first heard this guy interviewed by Tucker Carlson on FOX because he seemed very realistic and knowledgeable. Reading his outlook for 2017 soberingly confirmed my impressions. His writing style is a little dense due to his colorful references and the complexities of the topics. But once I slowed down to his pace, I came to appreciate his talent for synthesizing a wide array of issues, including many familiar to forum readers:

US financial crash is inescapable and looming
We're headed for drastic post-crash, post-industrial social/cultural changes
End of profitable oil means US breaks down into many disconnected small communities
Smoke and mirrors/games of Federal Reserve and Wall Street
Cashless systems are being phased in for total control during social breakdown from crash
Trump installed to be scapegoat for crash
Impossibility of restoring America’s industrial/economic might
Reaganomics underpinned by oil from remaining profitable oil fields
End of profitable oil reserves means end of industrial age
America is polarized: "privileged" whites, oppressed Blacks, vilified Hispanics; politics
Revolt of university Trustees against their PC Deans
America is ripe for civil war: many guns and war-hardened Veterans
Bush's 9/11 state of emergency still in force; martial law just a phone call away
2017 is pivotal year for drastic changes in our lifestyles and society
The rich will become poor and the poor will become desperate if not decimated
When oil profits crash, Middle-East will regress to Middle Ages
EU banking system is irreparably melting down
EU will fall apart if LePen wins the election
China's banking system likely will implode to threaten the global banking system
Russia’s...apparently stable.

20% Stock Market Correction, First Quarter 2017: The Wheels Finally Come Off
TheNewsDoctors.com
January 3, 2017
by James Howard Kunstler




…Apart from all the ill-feeling about the election, one constant ‘out there’ since November 8 is the Ayn Randian rapture that infects the money scene. Wall Street and big business believe that the country has passed through a magic portal into a new age of heroic businessmen-warriors (Trump, Rex T, Mnuchin, Wilbur Ross, et. al.) who will go forth creating untold wealth from super-savvy deal-making that un-does all the self-defeating malarkey of the detested Deep State technocratic regulation regime of recent years. The main signs in the sky, they say, are the virile near-penetration of the Dow Jones 20,000-point maidenhead and the rocket ride of Ole King Dollar to supremacy of the global currency-space.

I hate to pound sleet on this manic parade, but, to put it gently, mob psychology is outrunning both experience and reality. Let’s offer a few hypotheses regarding this supposed coming Trumptopian nirvana.

… We have not faced the fact that the manufacturing fiesta based on fossil fuels was a one-time thing due to special historical circumstances and will not be repeated. The future of manufacturing in America is frighteningly modest. We’ll actually be lucky if we can make a few vital necessities by means of hydro-electric or direct water power, and that will be about the extent of it. Some of you may recognize this as the [scenario in his book,] World Made By Hand.

… [all those topics indexed above]

We hear no end of complaints about “Putin the Thug,” but in this time of altered reality and disinformation fog, it’s honestly impossible to tell what the -flick- the score is. Has he bumped off some journalists? So they say. But, not to get to baroque about it, consider the impressive trail of dead bodies said to be left in the wake of Bill and Hillary. That story was so toxic that Google squashed searches for it during the election campaign. Putin seems to me, at worst, a competent and capable Czar, in a country that likes to be ruled by them. That’s their prerogative. He’s hugely popular, anyway, and it’s one of the unsung miracles of recent times that Russia transitioned out of the fiasco of communism into a pretty much normal modern society, with shopping, movies, tourism travel, and everything. The Russian people may look back at these decades as a golden age.

We're witnessing an extinction event of "Modernity" itself- a colossal, hulking, grinding, machine of destruction that threatens the global eco-system, and all its sub-systems including the human realms of society, money and politics.

The very idea that Modernity itself might go down is inconceivable to those in thrall to the Religion of Progress, which declares that the world (and life in it) only gets better and better every year...(yet) the usual suspects of starvation, disease, and war are all still out there, doing their thing, and will only ramp up their operations.

As I write just before New Year’s Eve, President Obama is trying to start World War Three with Russia as a parting gift to the voting public. I’m among the skeptics who think that the “Russia Hacks Election story” is a ruse to divert the public’s attention from the stupendous failure of the Democratic Party to win, as expected. Rather, Wikileaks should get the Pulitzer Prize for revealing so much about the nefarious workings of the Clinton Foundation and the Democratic National Committee.

Read full article here (highly recommended): _http://thenewsdoctors.com/20-stock-market-correction-first-quarter-the-wheels-finally-come-off-james-howard-kunstler/

Mr. Kunstler is the author of many books including Too Much Magic: Wishful Thinking, Technology and the Fate of the Nation, World Made By Hand, The Geography of Nowhere, The City in Mind: Notes on the Urban Condition, Home from Nowhere, The Long Emergency. Mr. Kunstler authors a widely read blog that can be found here: _http://kunstler.com/writings/clusterfuck-nation/
 
Hi Herryquiz,

Since this is your first post on the Forum, we would appreciate it if you would post a brief introduction about yourself in the Newbies section, tell us a how you found us, how long you've been reading it and/or the SOTT page, whether or not you've read any of Laura's books yet, etc. There are examples in that section to give you an idea.

Welcome to the Forum :)
 
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