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So I had to go down to the auto parts store and buy a new battery, and bring it home and put it in. And then I was going to take the trash to the dump in my old pickup truck, which I keep around for that purpose. The screw was in a place where, under New York State law, they're not allowed to fix the tire if the screw is near the outside of tread. There are fewer things that people can hang a life on in a meaningful way, or a way that even ensures that they can have a little bit of security looking into even a short-term future.įor example, I had a day yesterday that felt like national Murphy's Law Day. What we're talking about here is the armature of our culture and economy that people hang their lives on. And we can either pay attention or just sit there with our fingers in our ears. Circumstances are going to inform us about how this economy is emerging and where we need to go with it. And as I've said more than once, reality has mandates of its own. It sounds kind of Ebenezer Scrooge-ish to suggest that people may have to do with less rather than more, because more has always been the expectation in our lifetime. We're talking about a falling standard of living and getting used to an economy of "less". People no longer trust each other to transact, to get paid. Nothing's going to move if the financial system cracks up. The gasoline won't get to the pumps at the stations. The trucks won't make the food deliveries to the supermarkets unless the finance system works. As we know, the financial system is the most abstract and fragile of all the systems that we depend on because the other systems can't run without it. The important story is what happens in the financial sector and how it effects the economy in the next twelve to eighteen months. In this wide-raging discussion ranging from the pervasiveness of propaganda in today's media to the risk of nuclear war, Kunstler also re-news his warnings of a current secular economic slowdown.Īfter too many years of market interventions, magical thinking, racketeering, and bleeding the 99% dry, he warns that our culture and economic system will soon reach a snapping point:
#REACTION TO A CRACK CROSSWORD UPDATE#
If you like his work, please consider supporting him on Patreon.Īuthor and commentator James Howard Kunstler returns as our podcast guest this week for an update on where we are in The Long Emergency timeline. Here is a recent audio interview with him which gives a good overview of his work. To get a sense of how entertaining he is, watch this 2004 TED talk about the cruel misery of American urban design - it is one of the most-viewed on TED. You can find his popular fiction and novels on this subject, here. These theorists believe that modern society is headed for a jarring and painful crack-up.
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He is one of the better-known thinkers The New Yorker has dubbed 'The Dystopians' in an excellent 2009 profile, along with the brilliant Dmitry Orlov, another regular contributor to RI (archive).
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We carry his articles regularly on RI. His writing on Russia-gate has been highly entertaining. The author is a prominent American social critic, blogger, and podcaster, and one of our all-time favorite pessimists.