Turning and Churning

IMG Auteur
Published : April 24th, 2020
1009 words - Reading time : 2 - 4 minutes
( 8 votes, 4/5 ) , 3 commentaries
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
3
comment
Our Newsletter...
Category : Editorials

It’s one thing to get sandbagged by a public health crisis ­– a plague being about the worst kind – and quite another for an advanced, complex economy to fall away under your feet like a freight elevator that snapped its cables. The two are now linked in the public imagination, which naturally churns out narratives to serve the collective human craving for pattern recognition.

“The news” is the net sum of all that, mixed with a lot of cognitive “noise.” Even highly intelligent people have a hard time sorting it out. The Internet is full of stories, often contradictory, charged with anger, horror, indignation, and agendas, mostly unhelpful and some quite dangerous ­– like the cry that China must pay for this! Uh, like how? Send them an invoice: Please remit $11.7 trillion to the address above…?  Release the US Airborne over Beijing as if it were Belgium, 1944…? Drop the big one…? (They have big ones, too.)

Grievances and recriminations sprout like the skunk cabbages of April: China did it to us so they could rule the world…. The Democrats are lovin’ it cuz it’ll finally get rid of the wicked Trump…. Bill Gates is lovin’ it because the vaccine he’s working on will make him rich…! Doctors Fauci and Birx are tools of Big Pharma…! The New World Order (aka The Globalists) are using it to take away our freedom and turn us into the foot-servants of George Soros…!

Probably the biggest argument is over the seriousness of the disease itself. The statistical through-put of the moment appears to underwhelm the models the USA and Europe constructed at the onset of the plague. At least, that is, far fewer people have died, and of those, mostly the very old and those burdened with chronic illnesses ­– but also quite a few doctors and nurses in the prime of life. The statistical model is queered by many other uncertainties: is this really the peak? Does the plague come raging back if people go back to circulating freely? Can you catch it again? Will it return in waves next fall and spring? We have those models and pockets full of suppositions, theories, terrors.

Here’s what I think about the disease just now (subject to further evidence): it’s not just another flu. It operates differently, its more lethal, it affects many organs and can damage them permanently, and it spreads rapidly. That seems to have been the consensus of public health officials the world round who promoted the lockdown policy ­– and it’s hard to believe that they all got snookered into that.  I have no idea (or opinion) whether Covid-19 was engineered, either as a bio-weapon or a good-faith science project gone awry… or whether some hapless gourmet got it at the Wild Animal Cafe.

The plague didn’t cause the economic crash. But the lockdown response certainly accelerated, amplified, and ramified it. The crash happened because we built up a hyper-complex, over-scaled, just-in-time economic system with all its ecological redundancy edited out for the sake of efficiency, making it hyper-fragile. The system’s basic power module (fossil fuel) was failing on a cost-basis and we tried to compensate for that with debt. The debt got out of hand in both sheer quantity and from the dishonest games that bankers and politicians were playing with it. All of this happened for the reason that most things happen in history: it seemed like a good idea at the time.

The old system is permanently broken now. We’re having a hard time recognizing that, plague or no plague.  Many activities have flunked the scale challenge and will not come back to running the way they used to, generally anything organized at the giant scale: global supply chains, global corporations that depend on them, fracking for shale oil, big institutions like colleges and even public school systems, commercial aviation and tourism, the auto industry, show business (including the Disney empire and things like it), suburbia as a general proposition, skyscrapers and megastructures, shopping malls, pension funds, insurance companies, mega-banks, and, of course, medical conglomerates. We’re deceived by Amazon.com, which appears to be successful at the moment because it is filling a vacuum that Amazon will also eventually fall into. Amazon’s business model is a joke. The model is: every item purchased makes a separate journey by truck to the customer. That’s a “sell” signal to me.

The lockdown is making people crazy. It’s one thing to be stuck in the house with spouses and relatives you can barely stand under normal circumstances. But to see all your financial support systems melt down at the same time, along with the implications for your hopes-and-dreams, is a pretty big shock. Naturally so many want to bust out of the waking nightmare and get going, to return to action, to at least see whether what they were doing before all this happened might restart.

I dunno about that. They might flock back to restaurants to spend some of that fresh-minted $1200, and then what? Where will the next $1200 come from? Modern Monetary Theory? A new Guaranteed Basic Income? From what? From taxes paid by which businesses generating what profits from people too broke to buy goods and services? I don’t think so. Times have changed and we’re going to have to get some new good ideas that fit the new times. But, the craziness out there is very likely to start expressing itself differently as we discover the urge to action does not produce the desired result of returning-to-normal. Instead, it produces more disorder in the foundering system, and then the question is: how much disorder do we have to slog through to get to those new ideas suited to the new times.

I’ve got one of my own. The mule business! Seriously.

*   *  *

Friday Bonuses:

Here’s a little tune for these trying times by yours truly. I wrote the verses fifty years ago and the choruses last fall. (The creative process is mysterious.)

https://kunstler.com/wp-content/uploads/2020/...in-the-Moon.mp3
Support this blog by visiting  target="_blank";Jim’s Patreon Page
<< Previous article
Rate : Average note :4 (8 votes)
>> Next article
James Howard Kunstler has worked as a reporter and feature writer for a number of newspapers, and finally as a staff writer for Rolling Stone Magazine. In 1975, he dropped out to write books on a full-time basis. His nonfiction book, "The Long Emergency," describes the changes that American society faces in the 21st century. Discerning an imminent future of protracted socioeconomic crisis, Kunstler foresees the progressive dilapidation of subdivisions and strip malls, the depopulation of the American Southwest, and, amid a world at war over oil, military invasions of the West Coast; when the convulsion subsides, Americans will live in smaller places and eat locally grown food.
WebsiteSubscribe to his services
Comments closed
  All Favorites Best Rated  
I think James' model of the collapse is slightly off. He is correct that the pandemic did not cause the collapse, the lockdown did. But what is the root cause, why were the dominoes so perfectly set for collapse? I think it was the central banks inflating the economy ever higher until the balloon popped in 2008. Then they began inflating at a new rate of several trillion a year to compensate for the giant hole in the balloon. Now the balloon has another hole, and the CB's will do the only thing they can, pump more money. Some people close to the spigot will get rich on the flow of cash, but by the time it gets to the common folks, it won't be worth much. SSDD.
James; comparing those mules to my top-of-the-line roto-tiller ~ they are about the same price: $800. My tiller will till a half acre garden on a gallon of gas. That's a twice a year event. We could probably find 2 gallons of gas a year. Unless the mule is gonna double as transportation, you might not need a mule.

Slogging through into the Next System will require a way to prevent yourself from being killed for the stores of food you manufacture and put in your root cellar. It's a quandary: growing food so you don't die or dying to protect the food you grow. If a person can survive that: food production is the Next Big System ! ! !

Didn't Congress and The Prez print up those trillions so there won't BE a system change ??
Rate :   2  0Rating :   2
EmailPermalink
Gypsy, I think a mule will cost you twice that up front, and about $1000 per year to feed, plus farrier and vet calls to keep it healthy. Of course, if you have a big enough pasture, you don't have to pay out of pocket to feed it, but then you aren't growing food for humans on that land either.
Latest comment posted for this article
Gypsy, I think a mule will cost you twice that up front, and about $1000 per year to feed, plus farrier and vet calls to keep it healthy. Of course, if you have a big enough pasture, you don't have to pay out of pocket to feed it, but then you aren't gr  Read more
J. - 4/28/2020 at 5:26 PM GMT
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS