Ominous Convergence

The comments below are an edited and abridged synopsis of an article by James Howard Kunstler

With the unjust killing of George Floyd in Minneapolis, the quest for cosmic justice resumes—that is, the justice that settles all the scores of racial grievances for all time, which, of course, is unlikely to be satisfied by any means.

Ominous Convergence | BullionBuzz
Business men walking towards light highlighting an ominous convergence.
This is entirely 3D generated image.

How much rioting, looting and arson will be enough to satisfy a sense of solidarity in the quest for justice? How much rioting, looting and arson will the authorities in other cities allow before they move to stop it? Does all this disorder amplify itself in a feedback loop?

Those would be tough questions in ordinary times, but the US is in an extraordinary convergence of crises: the Covid-19 pandemic, an economic collapse, and the after-effects of the impeachment attempt.

With over 30 million unemployed, facing bankruptcy, maybe even eviction, and tens of thousands of small businesses failing, what will the public think if the stock markets keep rising? Rising share values, enriching a tiny percentage of the public, are a result of the Fed inflating the national debt by printing money. It comes in the form of bonds, the interest on which has to be paid by taxpayers.

Could all that intersect with street violence across the land? Does the left, including the Democratic Party, want to ignite a race war in America on top of a second great depression in a plague year?

Once cycles of violence are set in motion, they are difficult to stop. What is happening in the US is not so different from what’s been happening around the world: strife in Northern Ireland, the breakup of Yugoslavia, civil war in Lebanon, factional fighting in Libya, Syria, Iraq. All of them grew out of quests for cosmic justice, and all produced lasting damage.

Many will accuse Donald Trump of instigating it. Whatever he does may be construed as wrong by half the nation, whether he acts to put down insurrection, or dithers inconclusively. His rival, Joe Biden, appears even less capable of managing a crisis. He is a stalking horse for forces and persons awaiting emergence in Milwaukee in mid-August.

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