…everyone’s favorite snarling nihilist pounded out what has to be his longest, deepest, widest, scroom screed, ever.
I read the entire monstrosity, and I must say that I’m blown away at how Kunstler nails every single issue regarding macro-economics and geo-politics threatening the planet.
That said, I don’t see virtually any of the reforms that he proposes taking place, but time will tell if any of his predictions come to pass.
My opinion notwithstanding, I strongly urge everyone here to at least peruse the post, and perhaps run it through your favorite AI bot if you prefer a summarized version.
No matter what the outcome is going into 2025, it is clear that we’re in for a rough ride.
So, tighten up your chinstraps, folks.
P.S. JHK also references this free PDF, which proposes that the CB Hogs are conspiring to confiscate all the assets of the GUMS:
Because I’m in a good mood this morning, I decided to do everyone’s homework for them
Rasputin – Sat, Dec 28, 2024 – 07:32 AM
I guess even an otherwise mordant Mad Monk is affected in a good way during the holidays.
For, as shown below, I decided to show some seasonal spirit by feeding Kunstler’s massive missive into Google Gemini Flash 2.0 and have it create a summary of it.
The result was a very succinct synopsis, but I still urge everyone to take the time to read the original screed.
Anyway, here is the summary, per Google Gemini Flash 2.0:
Summary:
The text presents a bleak and turbulent forecast for the world in 2025, focusing primarily on the United States under a new Trump administration, but also addressing global geopolitical shifts.
The author anticipates a period of significant upheaval, marked by economic instability, political struggles, and the dismantling of established systems.
He sees the incoming Trump administration as a force for change but also faces great obstacles from the “deep state” and other forces.
The global landscape is similarly unstable, with collapsing governments, shifting alliances, and economic challenges.
The author also identifies what he sees as a return to a more localized, pre-industrial economic system.
Main Topics:
Political Landscape in the US:
The author claims the “Woke-Jacobin” Biden regime was defeated and was a front for the “Deep State” or “blob.”
A new Trump administration is coming into power, with a mandate to restore “age-old reality-based norms” and repair broken trust with the people.
There is fear of subversion and attempts to remove Trump before he takes office.
Major government institutions (DOJ, FBI, DOD, CIA) are seen as corrupt and need major reform.
The author mentions specific individuals who need to be investigated (e.g., Mayorkas, Garland, Wray) for abusing their power.
Trump is sending mixed signals about retribution towards political enemies.
Economic Turmoil:
The US is facing a major fiscal crisis with unsustainable debt, which could lead to a currency crisis or default.
Traditional economic solutions are insufficient to solve the nation’s problems.
There is a critique of cryptocurrencies (especially Bitcoin) as not being true money.
The author expects to see a move toward a more diverse money system (not just paper) with inherent risks.
The US may need to revert to less complex economies and lower standards of living.
The US economy is over-reliant on oil, and production is declining.
The electric car transition is not viable at a mass scale.
There is a likely demise of American suburbia.
The author sees a need to re-scale the economy at a more local level.
A second Great Depression is predicted, potentially in Trump’s first year.
The author discusses the possibility of central banks seizing assets through regulatory changes as described in “The Great Taking” by David Rogers Webb.
Trump’s proposed economic reforms have overtones of contraction that may negatively affect the DC area and other parts of the country.
Global Geopolitical Instability:
Governments are collapsing in many countries, including Germany, France, Canada, and the UK.
The European Union is in crisis, facing internal strife and challenges from mass migration and other issues.
The UK is in decline, and the author anticipates the rise of Nigel Farage.
The author claims the Ukraine war was instigated by US neocons and that Russia will win.
The Middle East is volatile due to population growth and resource scarcity.
The author defends Israel and criticizes the Woke-Marxists who oppose the country.
Syria is falling into chaos after the removal of Assad, potentially becoming a haven for Jihadists.
Turkey is described as a “disgruntled NATO” player with potential ambitions.
China faces its own internal problems, such as an over-reliance on exports and a collapsing real estate bubble.
China has been infiltrating various US sectors, such as universities and government.
There are concerns about Chinese land purchases near US military bases.
Social Changes and Predictions:
The author predicts a move away from reliance on distant authorities to solve problems and a rise of localized solutions.
He expects a reemergence of more traditional social structures.
He calls for Americans to take care of each other because distant social safety nets will fail.
The author suggests a return to useful, properly scaled institutions for the needy such as Poor Farms.
The author believes there will be a need for more human labor in agriculture on smaller farms.
He predicts that our society may be reorganized in a way that revives older modes of living and working that have been proven throughout history.
The author points out how the meaning of work has degraded to a new kind of slavery.
The author foresees the return of “eternal verities” to guide social relations.
Other Notable Points:
The author highlights the rise of leaders like Javier Milei in Argentina and Nayib Bukele in El Salvador, seeing them as potential models for change.
There are references to a “Golden Age” euphoria, although it’s tempered with skepticism.
The author concludes with personal advice for readers to lead ethical and calm lives in 2025.”
Rasputin – Sat, Dec 28, 2024 – 08:04 AM
Everyone here should enjoy a Mad Monk’s sudden–and very temporary–good cheer while it lasts.
Because it surely won’t be present once year 2025 rolls around.
Anyway, as a bonus, I decided to also have Google Gemini Flash 2.0 summarize “The Great Taking” PDF, which JHK referenced, and can be found here:
Here is that summary of the tome, with NO “Ras Conclusion” after it. (See? I really AM in a good mood, giving everyone a break from my useless opinions.)
To wit:
Summary of “The Great Taking” by David Rogers Webb:
This document presents a highly critical analysis of the global financial system.
It argues that a long-planned, deliberate scheme is underway to seize all collateral through a complex system of debt and legal manipulation.
The author, David Rogers Webb, describes this as “The Great Taking,” and he views it as a hybrid war against humanity, driven by a small, secretive group controlling central banks.
Breakdown of the key points:
Dematerialization:
The author argues that the first step in this scheme was the dematerialization of securities, turning ownership from physical certificates to “book-entry” electronic records.
A process allegedly overseen by the CIA.
Security Entitlements:
The concept of a “security entitlement” replaces ownership of securities with a contractual claim.
This allows intermediaries (brokers, banks) to treat client assets as their own collateral, making them vulnerable to seizure.
Harmonization:
International legal harmonization of securities ownership under the guise of “legal certainty”,
This has given secured creditors priority access to client assets, irrespective of legal ownership of the assets.
Collateral Management:
The creation of interconnected systems for collateral management allows for the rapid movement and use of client assets as collateral in the complex derivatives market.
This essentially created a situation of endless re-hypothecation and re-use of assets as collateral.
Safe Harbor:
Changes in Bankruptcy code now protect secured creditors from clawback by a bankruptcy trustee, allowing them to seize client assets with no judicial oversight.
Central Clearing Parties (CCPs):
CCPs, designed to mitigate risk, are deliberately undercapitalized, with mechanisms in place to transfer collateral to secured creditors in the event of their failure.
Bank Holiday:
The author draws parallels with the 1933 bank holiday, arguing that it was a mechanism to consolidate power and control by select banks, leading to widespread dispossession.
He argues that a similar plan is in place now for the next banking crisis.
The Great Deflation:
A prolonged period of deflation following the collapse of an “everything bubble” is predicted, with a vast transfer of wealth occurring due to the inability of people to repay debts.
This will result in assets seized by the secured creditors.
Central Bank Digital Currency (CBDC):
The author posits that a new system using CBDCs controlled by central banks is coming to replace the current system of money and payments and will be used as an instrument of control.
The Underlying Narrative:
The author emphasizes a deliberate deception at the heart of the “Great Taking,” with all governments seemingly complicit in a long-term plan to undermine individual property rights.
He also critiques the media and government institutions for their lack of transparency and often deliberately misleading information.
The ultimate aim, according to the text, is a transfer of all wealth to a very small group that is outside the view of the public.
Conclusion:
The book urges readers to recognize the forces at play, arguing for a non-violent yet resolute resistance by people from all walks of life.
He claims that the system is collapsing, and it is a last ditch effort to keep it in place that has led to more physical control.”
James Howard Kunstler has produced what can only be described as a “Magnum Opus of Scroom”
Rasputin – Sat, Dec 28, 2024 – 07:19 AM
In his latest screed, found here:
https://www.kunstler.com/p/forecast-2025-taking-out-the-trash
…everyone’s favorite snarling nihilist pounded out what has to be his longest, deepest, widest, scroom screed, ever.
I read the entire monstrosity, and I must say that I’m blown away at how Kunstler nails every single issue regarding macro-economics and geo-politics threatening the planet.
That said, I don’t see virtually any of the reforms that he proposes taking place, but time will tell if any of his predictions come to pass.
My opinion notwithstanding, I strongly urge everyone here to at least peruse the post, and perhaps run it through your favorite AI bot if you prefer a summarized version.
No matter what the outcome is going into 2025, it is clear that we’re in for a rough ride.
So, tighten up your chinstraps, folks.
P.S. JHK also references this free PDF, which proposes that the CB Hogs are conspiring to confiscate all the assets of the GUMS:
https://commonlawamerica.wordpress.com/wp-content/uploads/2023/12/the-great-taking-book.pdf
I have downloaded it, and will also feed it into Google Gemini or Notebook LM, to make sure that there isn’t anything in the tome that I have missed.
Because I’m in a good mood this morning, I decided to do everyone’s homework for them
Rasputin – Sat, Dec 28, 2024 – 07:32 AM
I guess even an otherwise mordant Mad Monk is affected in a good way during the holidays.
For, as shown below, I decided to show some seasonal spirit by feeding Kunstler’s massive missive into Google Gemini Flash 2.0 and have it create a summary of it.
The result was a very succinct synopsis, but I still urge everyone to take the time to read the original screed.
Anyway, here is the summary, per Google Gemini Flash 2.0:
Summary:
The text presents a bleak and turbulent forecast for the world in 2025, focusing primarily on the United States under a new Trump administration, but also addressing global geopolitical shifts.
The author anticipates a period of significant upheaval, marked by economic instability, political struggles, and the dismantling of established systems.
He sees the incoming Trump administration as a force for change but also faces great obstacles from the “deep state” and other forces.
The global landscape is similarly unstable, with collapsing governments, shifting alliances, and economic challenges.
The author also identifies what he sees as a return to a more localized, pre-industrial economic system.
Main Topics:
Political Landscape in the US:
The author claims the “Woke-Jacobin” Biden regime was defeated and was a front for the “Deep State” or “blob.”
A new Trump administration is coming into power, with a mandate to restore “age-old reality-based norms” and repair broken trust with the people.
There is fear of subversion and attempts to remove Trump before he takes office.
Major government institutions (DOJ, FBI, DOD, CIA) are seen as corrupt and need major reform.
The author mentions specific individuals who need to be investigated (e.g., Mayorkas, Garland, Wray) for abusing their power.
Trump is sending mixed signals about retribution towards political enemies.
Economic Turmoil:
The US is facing a major fiscal crisis with unsustainable debt, which could lead to a currency crisis or default.
Traditional economic solutions are insufficient to solve the nation’s problems.
There is a critique of cryptocurrencies (especially Bitcoin) as not being true money.
The author expects to see a move toward a more diverse money system (not just paper) with inherent risks.
The US may need to revert to less complex economies and lower standards of living.
The US economy is over-reliant on oil, and production is declining.
The electric car transition is not viable at a mass scale.
There is a likely demise of American suburbia.
The author sees a need to re-scale the economy at a more local level.
A second Great Depression is predicted, potentially in Trump’s first year.
The author discusses the possibility of central banks seizing assets through regulatory changes as described in “The Great Taking” by David Rogers Webb.
Trump’s proposed economic reforms have overtones of contraction that may negatively affect the DC area and other parts of the country.
Global Geopolitical Instability:
Governments are collapsing in many countries, including Germany, France, Canada, and the UK.
The European Union is in crisis, facing internal strife and challenges from mass migration and other issues.
The UK is in decline, and the author anticipates the rise of Nigel Farage.
The author claims the Ukraine war was instigated by US neocons and that Russia will win.
The Middle East is volatile due to population growth and resource scarcity.
The author defends Israel and criticizes the Woke-Marxists who oppose the country.
Syria is falling into chaos after the removal of Assad, potentially becoming a haven for Jihadists.
Turkey is described as a “disgruntled NATO” player with potential ambitions.
China faces its own internal problems, such as an over-reliance on exports and a collapsing real estate bubble.
China has been infiltrating various US sectors, such as universities and government.
There are concerns about Chinese land purchases near US military bases.
Social Changes and Predictions:
The author predicts a move away from reliance on distant authorities to solve problems and a rise of localized solutions.
He expects a reemergence of more traditional social structures.
He calls for Americans to take care of each other because distant social safety nets will fail.
The author suggests a return to useful, properly scaled institutions for the needy such as Poor Farms.
The author believes there will be a need for more human labor in agriculture on smaller farms.
He predicts that our society may be reorganized in a way that revives older modes of living and working that have been proven throughout history.
The author points out how the meaning of work has degraded to a new kind of slavery.
The author foresees the return of “eternal verities” to guide social relations.
Other Notable Points:
The author highlights the rise of leaders like Javier Milei in Argentina and Nayib Bukele in El Salvador, seeing them as potential models for change.
There are references to a “Golden Age” euphoria, although it’s tempered with skepticism.
The author concludes with personal advice for readers to lead ethical and calm lives in 2025.”
Rasputin – Sat, Dec 28, 2024 – 08:04 AM
Everyone here should enjoy a Mad Monk’s sudden–and very temporary–good cheer while it lasts.
Because it surely won’t be present once year 2025 rolls around.
Anyway, as a bonus, I decided to also have Google Gemini Flash 2.0 summarize “The Great Taking” PDF, which JHK referenced, and can be found here:
https://commonlawamerica.wordpress.com/wp-content/uploads/2023/12/the-great-taking-book.pdf
Here is that summary of the tome, with NO “Ras Conclusion” after it. (See? I really AM in a good mood, giving everyone a break from my useless opinions.)
To wit:
Summary of “The Great Taking” by David Rogers Webb:
This document presents a highly critical analysis of the global financial system.
It argues that a long-planned, deliberate scheme is underway to seize all collateral through a complex system of debt and legal manipulation.
The author, David Rogers Webb, describes this as “The Great Taking,” and he views it as a hybrid war against humanity, driven by a small, secretive group controlling central banks.
Breakdown of the key points:
Dematerialization:
The author argues that the first step in this scheme was the dematerialization of securities, turning ownership from physical certificates to “book-entry” electronic records.
A process allegedly overseen by the CIA.
Security Entitlements:
The concept of a “security entitlement” replaces ownership of securities with a contractual claim.
This allows intermediaries (brokers, banks) to treat client assets as their own collateral, making them vulnerable to seizure.
Harmonization:
International legal harmonization of securities ownership under the guise of “legal certainty”,
This has given secured creditors priority access to client assets, irrespective of legal ownership of the assets.
Collateral Management:
The creation of interconnected systems for collateral management allows for the rapid movement and use of client assets as collateral in the complex derivatives market.
This essentially created a situation of endless re-hypothecation and re-use of assets as collateral.
Safe Harbor:
Changes in Bankruptcy code now protect secured creditors from clawback by a bankruptcy trustee, allowing them to seize client assets with no judicial oversight.
Central Clearing Parties (CCPs):
CCPs, designed to mitigate risk, are deliberately undercapitalized, with mechanisms in place to transfer collateral to secured creditors in the event of their failure.
Bank Holiday:
The author draws parallels with the 1933 bank holiday, arguing that it was a mechanism to consolidate power and control by select banks, leading to widespread dispossession.
He argues that a similar plan is in place now for the next banking crisis.
The Great Deflation:
A prolonged period of deflation following the collapse of an “everything bubble” is predicted, with a vast transfer of wealth occurring due to the inability of people to repay debts.
This will result in assets seized by the secured creditors.
Central Bank Digital Currency (CBDC):
The author posits that a new system using CBDCs controlled by central banks is coming to replace the current system of money and payments and will be used as an instrument of control.
The Underlying Narrative:
The author emphasizes a deliberate deception at the heart of the “Great Taking,” with all governments seemingly complicit in a long-term plan to undermine individual property rights.
He also critiques the media and government institutions for their lack of transparency and often deliberately misleading information.
The ultimate aim, according to the text, is a transfer of all wealth to a very small group that is outside the view of the public.
Conclusion:
The book urges readers to recognize the forces at play, arguing for a non-violent yet resolute resistance by people from all walks of life.
He claims that the system is collapsing, and it is a last ditch effort to keep it in place that has led to more physical control.”
Excellent Post pedro . Thanks for sharing this work
Big thanks to Ras for distilling these epic posts for us
Gemini AI is an incredible tool for this apparently
What are we in for in 2025…sounds ROUGH !