kunstler provides updates to his warnings on our future here in the empire;


An ill wind threatens to rake and churn up the Atlantic coast this Labor Day as a live-action metaphor auguring a more general wreckage to come in the final four months of 2019. More than most years, this holiday weekend seems to mark a boundary between past and future, between ends and beginnings.
The tremors of August appear to mark the end of the ten-year bull market run, a.k.a. “the recovery,” a last-ditch central bank orchestrated campaign to pretend that economic growth is infinite on a finite planet. The magic of credit — “money” untethered to resources — drained economic mojo from the future so that we can watch Miley Cyrus videos while snacking on Lay’s “fried pickle with ranch [dressing] flavored” potato chips. Yes, that’s an actual product — also, another reason that America is bankrupting itself on medical costs. The chains of consequence are long and punishing these days.
Gold and silver seem to be signaling two things: coming inflation and political turmoil. Debt accumulation around the world has passed the point were even prayer to every known deity will avail to prevent a horrendously destructive work-out of loans that can never be paid back. Default makes money disappear. The response, of course, will be to print more money untethered to real stuff. An orgy of QE could easily drive stock markets higher, only those markets will be indexed to money losing its value. All this will seem like so much metaphysical bullshit to citizens who can’t pay twenty bucks for a pound of hamburger. And it would greatly aggravate the political situation at a time when many of those same aggrieved citizens will be looking for lamp-posts to hang some one-percenters from...........https://kunstler.com/clusterfuck-nation/the-quickening/