Chilling Bigly by James Howard Kunstler
Is it so, as some wags say, that industry no longer makes money; only finance does? That’s been the operating theory for much of the West lately. Of course, that invites the question: what then is finance supposed to finance… that is, put money into? Why… industry, of course, and in the broadest sense of the word: the production of goods… goods being things that have value (that’s what’s good about them). How quaint! But most of the industry that used to be here has gone to other lands.
What about all that money (capital) flowing into technology: Facebook, Google, Amazon? Hmmmm. What does Facebook produce, besides conflict between its users? Okay, it harvests data about them to sell to advertisers. And what are the advertisers advertising? Their products. Who produces the products? Mostly those people in other lands. Facebook users, then, are increasingly not employed, at least not in the production of goods. Perhaps in services like nursing, trucking, garbage pickup, food prep, police, firemen, prison guards, government bureaucracy (is that a service or a dis-service?) and et cetera.
Anyway, those service people are being fired left-and-right now because they refuse to be coerced into taking a vaccine that was never properly tested and has many scary side-effects. By the way, as of Sunday, the “newspaper-of-record” (The New York Times) finally had to come clean, after months of whistling past the graveyard, and admit what the public already knows: mRNA vaccines are dangerous:
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While we’re on the subject, what does Google produce? Supposedly, answers to questions, plus, like Facebook, it harvests information about the people who ask the questions and then sells the info, blah blah. And whutabout Amazon? Don’t they sell a lot of products? Yeah, mostly produced by those people in other lands. What Amazon really produces is a phenomenal amount of motion — trucks going hither and thither, at increasing cost now as the price of gasoline and diesel fuel shoots up. To me, that looks like a problem for Amazon’s business model. Another problem is the growing number of people without gainful employment who have little money to buy stuff from Amazon, wherever it comes from.
That last problem has been papered-over for two years by “helicopter money” from the federal government — direct payment to the people for doing nothing, producing neither goods nor services. This has been an impressive trick. The money comes from nowhere and for nothing. The trick is based on simple accounting fraud. The second law of thermodynamics, a.k.a. entropy, suggests that eventually this process will degrade the value of the money (or “money”) issued by the fraudsters.
