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Tag Archives: james howard kunstler
Hammer Time
Hammer Time Looks like somebody threw a dead cat onto Wall Street’s luge run overnight to temporarily halt the rather ugly 2000 point slide in the Dow Jones Industrial Average — and plenty of freefall in other indices, including markets in other countries. A Friday pause in the financial carnage will give the hedge funders […]
What Comes Next
What Comes Next Previews of the coming reckoning All things have a beginning, a middle and and end. And now, more than 3,480 days into the current bull market, the longest in history, we can say with high confidence we are very close to its end. Why? For manifold reasons that are multiplying fast. So […]
Lamentation
Lamentation An awful lot of sheetrock is going to be permanently ruined over the next few days down along the coast of Dixieland. Following the spectacle of hurricane reportage on TV reveals very little while the event is in progress. The cheapo building materials of the stereotypical strip malls flap around in the gale and […]
Three-Bagger
Three-Bagger And so the Golden Golem of Greatness re-enters the hall of mirrors that Syria has become. The US intelligence “community” has informed the US Media that Syrian President Assad is planning a new gas attack on Idlib Province, where a ragtag army of US-backed “rebels” (ISIS, etc) remain holed up against Assad’s forces backed […]
The End Of Cheap Debt: The Fall & Rise Of Interest Rates
Creativa Images/Shutterstock The End Of Cheap Debt: The Fall & Rise Of Interest Rates Perhaps the greatest single trend impacting the next decade Total debt (public + private) in America is currently at a staggering $67 trillion. That number has been rising fast over the past 47 years, following the US dollar’s transformation into a […]
The Uncomfortable Hiatus
The Uncomfortable Hiatus And so the sun seems to stand still this last day before the resumption of business-as-usual, and whatever remains of labor in this sclerotic republic takes its ease in the ominous late summer heat, and the people across this land marinate in anxious uncertainty. What can be done? Some kind of epic […]
The Dogs of Vengeance
The Dogs of Vengeance History has a velocity of its own, and its implacable forces will drag the good, the bad, the clueless, the clever, the guilty, the innocent, the avid, and the unwilling to a certain fate. One can easily see a convergence of vectors shoving the nation toward political criticality this autumn. Mr. […]
Close Up and Long Shot
Close Up and Long Shot Be careful about what you see in the foreground of the news vis-à-vis what’s in the background. Sunday, the cable networks were on fire over the 30-or-so white nationalists marching across Washington DC — with much larger hordes of masked, black-clad Antifa street-fighters following them around, and an army of […]
Anatomy of a Displacement-Projection Syndrome
Anatomy of a Displacement-Projection Syndrome “For more than a decade, Russia has meddled in elections around the world, supported brutal dictators and invaded sovereign nations — all to the detriment of United States interests.” — The New York Times The Resistance sure got a case of the vapors this week over Mr. Trump’s failure to […]
Lousy Deals and Turning Wheels
Lousy Deals and Turning Wheels In that long ago yesteryear of 1979, before blogging, tweeting, twerking, hacking, posting, ghosting, doxing, and all the other Internet-enabled compulsions of the present day, a gang of inflamed young men, said to be students, invaded the US embassy compound in Teheran and took fifty-two American embassy personnel hostage — […]
That Collapse You Ordered…?
That Collapse You Ordered…? I had a fellow on my latest podcast, released Sunday, who insists that the world population will crash 90-plus percent from the current 7.6 billion to 600 million by the end of this century. Jack Alpert heads an outfit called the Stanford Knowledge Integration Lab (SKIL) which he started at Stanford University in […]
Kabuki Warfare
Kabuki Warfare When this chapter of US history is finally written, it will look like a deep dive into a vat of lentil soup. In Syria Friday night, we came, we saw, and we slung 103 cruise missiles into largely symbolic targets, including a supposed chemical weapons plant just outside Damascus, and some other places […]
Syriasly
Syriasly “Peace with Honor” was President Nixon’s anodyne phrase for futzing around as long as possible in Vietnam to conceal the reality that the US military was getting its ass kicked by what we had initially thought was a 98-pound weakling of a Third World country. That was a half-century ago and I remember it […]
Not So Happy Motoring
Not So Happy Motoring It hasn’t been a great month for America’s electric car fantasy. Elon Musk’s Tesla company — the symbolic beating heart of the fantasy — is whirling around the drain with its share price plummeting 22 percent, its bonds downgraded by Moody’s to junk status, a failure to produce its “affordable” ($36,000 […]
