As If Nothing Matters | James Howard Kunstler

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James Howard Kunstler -- World News Trust

Apr. 23, 2012 -- The world gave the appearance of doing nothing and going nowhere over the past month -- apart from the sensational liaison of Kim Kardashian and Kanye West, which, some believe, augurs a dazzling speed-up of the much prayed-for economic recovery, return to full employment, $2.50 gasoline by summer, and the selection of Jesus Christ as VP running mate by Mitt Romney -- but, in fact, so much trouble is roiling under the surface all over the world that it makes you feel seasick on dry land.

It is true that the European financial fiasco is a story of such fantastic mystifying complexity that the public can't possibly be expected to follow each twist of the plotline. But the fact is that nothing was fixed for Greece, or after Greece, and the hazard of evermore profound wreckage is assured. The only question is how many months before the appearance of normality in financial matters yields to fighting in the streets of supposedly civilized countries.

Spain, it was revealed this week, has turned to a form of finance that could only have been designed by M.C. Escher.

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World News Trust: http://tinyurl.com/7rouwoa

[TheWraith]

1. Courtesy of the guy who told us Y2K was the end of the world.

Yeah, he's really a rational source.

[starroute]

2. Kunstler can get a bit alarmist, but he's always worth reading

If we disregarded everyone who was ever wrong about anything, we wouldn't have a lot of sources left.

In this case, I tend to discount the blood-in-the-streets aspect of Kunstler's rhetoric, but I take him very seriously when he talks about "the stupendous wall of illusion that separates money matters from reality."