... with James Kunstler's superb piece today:
The business model is broken. We’re a
shadow of the industrial economy that won a great war and enjoyed a
boisterous peace. You can’t replace ball bearing factories with theme
parks and hedge funds. Sorry. The full faith and credit of the USA is
not embodied in those frivolities, so our money is losing its mojo fast. But get this: we will go on. This is
not the end of the world or the end of history. It is the end of an era.
Believe it or not, the economy will fix itself, it just won’t be what
it was in 1957. It won’t be what the techno-supremacists think, either.
(You need a dependable electric grid to run all those server farms and
the apps they serve, and the AI supposedly looming.) It will fix itself
because when things fail, as they are doing now, a lot of opportunities
will open up to do things differently, even very differently.
When the chain stores fail along with
their twelve-thousand-mile supply lines, Americans will figure out how
to find stuff, make stuff, move stuff, and sell stuff at a smaller
scale, maybe back on your Main Street (if it’s still there). There will
be a lot less stuff, of course. But it may be enough stuff, and some of
you will be busy making stuff of some kind. Imagine an economy where
practically everybody has a useful role to play. Do you know how much
more important it is to lead a purposeful, active life than to be lost
in leisure and anomie with more stuff than you know what to do with?
Which is where we’re at now, even for many who are statistically “poor.”
But what is what goes extremely well, and on a lighter note, I may add. Well, get a load of this)))
And, BTW, another argument in favor of not reading all those TG channels, with the exception of official or reputable ones. I like Jackson Hinkle but he should have checked his "sources" yesterday when claiming this:
The bloody tactical meat-grinder for VSU at Vremeevsky Ledge (or salient) is just that--all three attempts at attacking have been repulsed and Makarovka village is a classic grey zone village. As reported by Russian MoD:
Translation: Today, the Ministry of Defense reported that Russian fighters repelled three attacks by the Armed Forces of Ukraine in the area of the Vremevsky salient. At the same time, the enemy lost more than 120 servicemen, two tanks and three armored fighting vehicles.
So much for "breaking through", eh?
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