Browsing the "James Howard Kunstler" Tag

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James Howard Kunstler: What makes you think we’ll ever return to “Normal”? (Coronavirus and oil meltdown, part 3)

Don’t it always seem to go, that you don’t know what you’ve got ‘til it’s gone, Joni trilled half a century ago. Another song, by CSN, went, it’s been a long time coming, it’s gonna be a long time gone. Boomers. Back in the day – before they invented the hedge fund, glyphosate, and political correctness […]

James Howard Kunstler: When money is meaningless

You understand, there will be no meaningful resuscitation of the dear, departed, so-called greatest boom in history. Ponzi schemes don’t “bounce back,” they collapse for the simple reason that the pieces holding them up were not really there. Such are the unanticipated consequences of a media over-saturated culture that we were so easily deceived by appearances. […]

James Howard Kunstler: As the money boys nail down their bailout, the rest of us will lose EVERYTHING

Historians of the future, pan-roasting fresh-caught June bugs over their campfires, may wonder when, exactly, was the moment that the financial world broke with reality. Was it when Nixon slammed the “gold window” shut? When “maestro” Alan Greenspan first bamboozled a Senate finance committee? When Pets.com face-planted 268 days after its IPO? When Ben Bernanke […]

James Howard Kunstler: Sometimes, things turn (the boomers demolish the American Century)

A February night in 1924, in a Manhattan concert hall owned by the Aeolian piano company… the wailing, warped, and flatted clarinet glissando that opens George Gershwin’s Rhapsody in Blueannounced the 20th century’s self-recognition that something new was up in the world, and especially in the USA. The composer tried to represent the stupendous energy of the […]