Darkest Pool | James Howard Kunstler

[Tace]

James Howard Kunstler -- World News Trust

July 8, 2013

Like entropy, the diminishing returns of technology never sleep.

The hubristic techno-narcissism of the day, as seen in mankind’s efforts to fake-out the universe, will eventually get our one-way ticket to Palookaville punched. Perhaps there’s such a thing as being too cool after all.

The trick so far has been to create massive inflation, export the effects of it to other trading partners, and end up with a lot more money here in the USA, or the illusion of more money. Well, loans, for houses, cars, and college tuitions. In a word: debt. Let’s call it “Rainman Economics,” because it begins to resemble the behavior of a severely autistic human being who performs a small range of obsessive actions over and over and over, often centered on numbers. Rainman Economics is the policy of the Federal Reserve and, indirectly, the government under Mr. Obama.

The suave and genial Mr. Obama just doesn’t know what’s going on -- despite being surrounded by minions with briefing folders, sages and vizeers, quantitative augurers neck-deep in mathematical goat entrails, and (always) the lone, silent soldier toting the dire nuclear “football.” Mr. Obama doesn’t know that the universe has launched us on a journey to a place beyond techno-industrialism -- and it’s not Ray Kurzweil’s infinity of orgasms. It’s a place where no ring-tones are heard and not so much as a stretch-mark of the Kardashians remains to be found.

This is the eeriest summer. The coordinated effort to devalue gold -- so as to maintain the sagging reputation of the world’s re$erve currency -- has had the effect mainly of funneling it out of weak hands in the west to strong hands in the east, to countries that at one time or another we regarded as adversaries. China and Russia have been backing up their respective trucks at the gold warehouse loading dock, and before too long they will have yuan and rubles with more credibility than the U.S. dollar.

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http://worldnewstrust.com/darkest-pool-james-howard-kunstler

[dixiegrrrrl]

1. Kunstler..trenchant as always...

[truth2power]

2. Last paragraph...

All was nonetheless tranquility, there by the little lakeside, with the weenies grilling and the pop-tops popping. A three-year-old came by where I was working on my tan on a towel in the grass, supine. He asked me if I was dead. Not yet, I told him. Behind him a skull smoking a doobie loomed in blue and red ink on his daddy’s thigh. My people. My country.