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The Clash of Civilizations

- James Howard Kunstler -

You state that the, "orgy or wealth is coming to an end." However, I have a question. When you make enough money to buy a dozen nuclear powered air craft carriers each and every year, for over 30 years, what do you do with all that wealth? Answer: you bury it. As you remove one asset from under the ground, you convert the surplus wealth into another durable form, and you bury it for the future.

The party is only just getting started.

Commented 3384 days ago

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Beginning of the headline :T he big turnout in Paris was bracing but it also might reveal a sad fallacy of Western idealism: that good intentions will safeguard soft targets. The world war underway is not anything like the last two. Against neo-medieval barbarism, the West looks pretty squishy. All of the West is one big fat soft target. Recriminations are flying — as if this was something like a Dancing with the Stars contest — to the effect that the Charlie Hebdo massacre should not be labeled as “France’s 9/11.” It’s a... Read More

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