The Emerging Localism [The Daily Reckoning] June 15, 2024 [WEBSITE]( | [UNSUBSCRIBE]( Will the Deep State Collapse? Saratoga Springs, New York Editor’s note: The managerial class has been dictating large segments of American life. But as James Howard Kunstler shows you today, economic and political realities are catching up to it, and it’s losing control. [James Howard Kunstler] JAMES HOWARD
KUNSTLER Dear Reader, This is the most significant reality of the world picture now: The wishes of the manager class are going in one direction while the actual dynamics of economy and politics go in the opposite direction. The managers wish for their management of systems to become as centralized and top-down as possible; but the very systems they manage are breaking down and seeking to reorganize at smaller scale, distributed locally. The tension entailed is explosive. Forgive me for reiterating a basic principle driving this moment in history Everything organized at the gigantic scale is steaming toward failure: big governments, giant companies, the huge capital investment firms, global shipping, energy production, chain retailing, mass motoring, big electricity, big medicine, big education, big anything. They’re all fixing to fail while our politicians and economists make plans based on consolidating them into one super-gigantic mega-system that will run flawlessly on computer tech magic. Cascading Failures The failures of each giant system will only amplify and ramify the failures in all the other systems. Take that as axiomatic. For instance, the fantastic failures in higher education now on display, largely due to the Marxian defeat of excellence, will implant a generation of incompetents in all hierarchies of management. That’ll result in an insidious matrix of bad decision-making. The Pareto 80-20 principle will ensure that 80% of all institutional energy will focus on propping up failing institutions with bad decisions that add up to broken business models (while 20% goes into actually carrying out the bad decisions as policy). That explains how Pete Buttigieg’s Department of Transportation spent $7.5 billion to build seven electric car charging stations. Similarly, if you have an urgent medical problem, the 80% of administrative clerks in your primary care doctor’s overgrown practice (with an assist from the health insurance company cohorts they must coordinate with) will actually manage to delay your treatment as long as possible, with a fair chance of disallowing it altogether. And if you happen to get treatment, there’s also an excellent chance you will be misdiagnosed and subjected to iatrogenic injury. [Mark Your Calendar: Monday, June 17th - 10:00 a.m. Eastern]( [click here for more...]( The same expert trader whoâs delivered gains like 109% in one day, 224% in 12 days, 493% in just three weeks, AND who took profits of 1,004% on his Tesla recommendation in just a few years has a brand new urgent buy alert set to broadcast to his readers. Trade setups like this come around just a few times a year, and this new idea is set to hit the airwaves right at 10:00 a.m. Monday. [Click Here For The Details]( The Destruction of the Health Care System The 80-20 principle explains the stupendous mismanagement of the COVID-19 event, especially the “marketing” of mRNA vaccines as miracle remedies that turned out to be the opposite of beneficial. The result of that chain of bad decision-making will ensure that any widespread health crisis arising from the long-term effects of the Pfizer and Moderna COVID vaccines will destroy the hospital system. (It is already underway.) You can extrapolate that grandiose failure of competence to the World Health Organization and its efforts to orchestrate a new pandemic crisis. You might have noticed that it’s increasingly difficult to get replacement parts for any machine, most particularly cars. That’s a symptom of failure in several integrated systems that are breaking down now: The manufacture of products in distant lands, price disorder in the container-ship business, the collapse of the U.S. trucking system (and with it, the just-in-time inventory model) and the inability of auto dealers to find competent mechanics (while the sinking middle class can no longer afford to buy the cars they sell under the most liberal financing schemes). Expect all that to intensify. The Breakdown of the U.S. Food System You’ll see similar dysfunction in the system that delivers food to the people of our country. Even as currently operating, with the supermarkets amply stocked, the triumph of poor decision-making has led to 80% of the products sold being some form of processed corn syrup and GMO grains marketed as “fun” snack foods that have destroyed the health of a great many citizens (and overwhelmed the medical system with chronic illness). The breakdown of the U.S. food system is now proceeding with idiotic policy from our government (actually every government in Western Civ is doing it) undermining farm operations, and most especially small farms, with egregious regulation. The pretext for this is the delusional hysteria over “climate change.” It gives the managers something to manage badly. [Exposed: Democratsâ Secret Plan to Keep Trump Out of the White House]( [click here for more...]( Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released⦠This shocking new video exposing Democratsâ secret plan to keep Trump out of the White House⦠Even if he wins the election. [Click Here To Learn How To Prepare]( The large-scale farmers are also affected, of course, but their business model is already broken in other ways, mainly the gigantic costs of their “inputs” — fuel, fertilizer, herbicides and pesticides and borrowed money to get the crop in. Political and economic management has arranged matters so that, in theory, the failed small farmers will be consolidated into the giant farms (which are also failing), but you can see how that’s going to work out. Before long, all farms will be unable to produce and, after a period of food shortage, perhaps famine, you’ll see the emergent reorganization of farming at the small scale minus the dead weight of government regulation. Government Is Destroying Its Own Legitimacy The dead weight will be gone because government will have destroyed its own legitimacy by making so many bad decisions that led to ramified systems failure of the kind described above. Government will also be starved operationally by the failure of its funding system (taxation) as its economists and their managerial counterparts in finance destroy our money via their remorseless attempts to create fake capital by main force (Modern Monetary Theory). We’re facing a terminal op being run by an out-of-control deep state blob now losing its mojo in big gobs each day as its epic dishonesty gets exposed. This blob had some very potent tools at its command to jerk around the people of this land, especially the legacy news media. Most of that consisted of deception, which is to say the tactical application of untruth. The op was tragically effective for some years, but its victims — U.S. citizens — are onto the game now and they are angrily flipping over the game board. Mark this essential fact of life: Truth is sturdy and lies are fragile. So now you know what must, in the end, prevail. The upshot of all this is that actual dynamics in human affairs matter more than the grandiose wishes of mega-managers. They can wish for maximum control of everything all they want, but history is taking the world in another direction. Our broken systems for food, medicine, education and commerce will self-reorganize after a period of uncomfortable disorder, perhaps even epic disaster. I hope you see how this works. Regards, James Howard Kunstler
for The Daily Reckoning
[feedback@dailyreckoning.com.](mailto:feedback@dailyreckoning.com) Editor’s note: [The man you’re about to meet]( is a world-famous expert who first recommended Nvidia to his readers when the company traded at just $3. Anyone who acted on his 2011 recommendation — and held on until today — had the chance to make a fortune. We bring that up to make a very important point… [Today, 13 years later, this expert is stepping back into the spotlight… to issue his next urgent buy recommendation.]( It all has to do with a tiny $6 AI stock — one which might be the smallest AI company he’s EVER recommended… [And a hidden opportunity which he says could be even BIGGER than Nvidia!]( In fact, this man predicts this company is about to announce [the biggest AI news in history…]( They could be just days away from revolutionizing one of the biggest healthcare markets in the world. [Click here now for the urgent story.]( Thank you for reading The Daily Reckoning! We greatly value your questions and comments. Please send all feedback to [feedback@dailyreckoning.com.](mailto:feedback@dailyreckoning.com) [James Howard Kunstler] [James Howard Kunstler]( is perhaps best known for his 2005 book [The Long Emergency]( which predicted the financial meltdown and the implications of the peak oil problem. His 1993 book, [The Geography of Nowhere]( about the fiasco of suburbia, is a campus cult classic among the architecture and urban planning students. [Paradigm]( ☰ ⊗
[ARCHIVE]( [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your The Daily Reckoning e-mail subscription and associated external offers sent from The Daily Reckoning, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@dailyreckoning.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. The Daily Reckoning is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our [Privacy Statement.]( If you are having trouble receiving your The Daily Reckoning subscription, you can ensure its arrival in your mailbox by [whitelisting The Daily Reckoning.](