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Forecast 2015 – Life in the Breakdown Lane

Tuesday, January 6, 2015 10:21

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by James Howard Kunstler
Kunstler.com

“Don’t look back — something might be gaining on you,” Satchel Paige famously warned. For connoisseurs of civilizational collapse, 2014 was merely annoying, a continued pile-up of over-investments in complexity with mounting diminishing returns, metastasizing fragility, and no satisfying resolution. So we enter 2015 with greater tensions than ever before and therefore the likelihood that the inevitable breakdown will release more destructive energy and be that much harder to recover from.

I don’t know how anyone can trust the statistical bullshit emanating from our government reporting agencies, or the legacy news organizations that report them. Yet the meme has remained firmly fixed in the popular imagination: the US economy has recovered! GDP grows 5 percent in Q3! Manufacturing renaissance! Energy independence! Cleanest shirt in the laundry basket! Best-looking house in a bad neighborhood…!

Continue Reading at Kunstler.com…

Source: http://financialsurvivalnetwork.com/2015/01/forecast-2015-life-in-the-breakdown-lane/?utm_source=rss&utm_medium=rss&utm_campaign=forecast-2015-life-in-the-breakdown-lane

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