Tag Archives: Biden administration collapse

This Is the Way the World Ends, by James Howard Kunstler

Posted on September 26, 2022 | Leave a comment

Stocks are diving and more importantly, interest rates are climbing. Together, the portend an economic crisis. From James Howard Kunstler at kunstler.com:

That “singularity” so many blab about is not what they think it is: the merging of human intelligence with Bill Gates’s Office products, leading to an orgasmic nirvana of infinite memoranda from your HR department concerning new diversity, inclusion, and equity policy. Rather, I speak of the magic moment when the necromancers of finance discover that the proverbial can they’ve been kicking is filled with Schrödinger’s cat food… and the road they’ve been kicking it down actually comes to a dead end up their own highly-credentialed wazoos. Economics will never be the same hereafter.

The bond market has gone south, and that spells The End for the great game of financialization. The bond market is Moby Dick compared to the little blowfish that is the stock market. The global money system is based on bonds, which are… what? That’s right: loans… promises to pay you X at some future moment. So, what happens when a daisy-chain of promises-to-pay gets broken? Or, perhaps more precisely, when all those promises lose their last shred of plausible reality? Why, the money that these broken promises are denominated in loses its essential cred. Trick question: how much is worthless money worth? (Answer: not enough to pay for a can of Schrödinger’s cat food.)

Continue reading→

Leave a comment

Posted in Collapse, Crime, Debt, Economics, Economy, Financial markets, Government, Politics, Tyranny

Tagged

“Joe Biden’s” Last Stand, by James Howard Kunstler

Posted on September 24, 2022 | 1 comment

“The shit has already hit the fan.” From James Howard Kunstler at kunstler.com:

Historians of the future, grilling spatchcocked plovers over their campfires, will need not ponder for even a New York minute who started World War Three in the rockin’ 2020s. They will point straight to the waxy, furtive, larval figure known as “Joe Biden,” by then judged a moral weevil of such epic low degree that he became an embarrassment to all the other sewer-dwelling denizens of the dank DC underworld, including the roaches, the rats, the humble shipworms eating through sunk oaken foundations of buildings long forgotten, the writhing maggots rinsed from a thousand restaurant dumpsters, the slithering hellgrammites, millipedes, silverfish, pillbugs, termites, dung-beetles, woodlice, and, not least, the scaly lawyers spawned out of the infestation beneath K Street called Perkins Coie LLP. Even these would loathe and disdain the thing that came into this world as “Joe Biden.”

Let us agree that the place called Ukraine was never any of America’s business. For centuries we ignored it, through all the colorful cavalry charges to-and-fro of Turks and Tatars, the reign of the dashing Zaporozhian Cossacks, the cruel abuses of Stalin, then Hitler, and the dull, gray Khrushchev-to-Yeltsin years. But then, having destroyed Iraq, Afghanistan, Libya, Somalia and sundry other places all on a great hegemonic lark, the professional warmongers of our land and their catamites in Washington made Ukraine their next special project. They engineered the 2014 coup in Kiev that ousted the elected president, Mr. Yanyukovich, to set up a giant grifting parlor and international money-laundromat. The other strategic aim was to prepare Ukraine for NATO membership, which would have made it, in effect, a forward missile base right up against Russia’s border. Because, well, Russia, Russia, Russia!

Continue reading→

1 Comment

Posted in Collapse, Crime, Debt, Economics, Economy, Financial markets, Government, Politics, Propaganda

Tagged ,

Slowly, Then All at Once, by James Howard Kunstler

Posted on October 4, 2021 | Leave a comment

We’ve reached the inflection point of collapse. From James Howard Kunstler at kunstler.com:

You can start to wonder what, if anything, will be left standing of the life we once called “modern” when Christmas 2021 rolls around. Shopping? Motoring? Working? Mingling? Eating? Sleeping? Waking…? Suddenly, everything is coming apart.

The supply lines are wobbling and many will go down. No stuff, no parts, before long, no food. Energy supplies are shaky everywhere. China’s electric grid is going dark from insufficient coal. Russia lacks the surplus NatGas to keep Western Europe warm. Global shortages drive up US oil and gas prices while people lose jobs and incomes over vaccine mandates — meaning families will freeze as the daylight dwindles. “Joe Biden’s” dark winter is coming on fast.

Ol’ White Joe might be going soon, too, before his vaunted dark winter even arrives. Guess what’s on his schedule this Monday morning.  Answer: an airplane ride from Wilmington to Washington, some remarks at 11:15 about the debt ceiling, and then… nothing. Calling “a lid” on the day. The “president’s” mental mojo has sunk so low that his handlers won’t allow him to gab freely with the Democratic Party’s congressional caucus. They hustled him out of the room on Capitol Hill last week after he attempted a pep-talk to that posse in their deranged effort to pass a $3.5-trillion “social safety net” package that is just a giveaway to ward-heelers in “blue” cities.

But then, who can imagine Kamala Harris in the Oval Office? Surely not Kamala herself, who has been cringing out-of-sight for weeks as the situation worsens. No more trips to Texas to pretend to care about the foreign invasion at the Mexican border that she was assigned to manage. No more anything for Ms. Harris, except hunkering down in the old naval observatory in a paralysis of anxiety and nausea. Do they dare even letting her pretend to head the executive branch? Or does she just resign in tandem with Ol’ White Joe, propelling Nancy Pelosi into the job? That will light up our dark winter, won’t it?

Continue reading→

Leave a comment

Posted in Banking, Business, Civil Liberties, Collapse, Crime, Cronyism, Economy, Energy, Governments, Law, Medicine, Politics, Propaganda, Science, Tyranny

Tagged , , ,