Here is Kunstler’s year-end summary and predictions for 2017.
Kunstler does an amazing job of weaving many complex threads into an interesting, coherent, and (I believe) true story.
Long time students of overshoot won’t find any new ideas here but it’s an excellent refresher for experts, and a great place to start for newbies.
This year’s predictions are specific and very short-term so we won’t have long to wait to see if he’s right. If he is wrong, it will likely be in timing rather than outcomes.
“There is no other endeavor in which men and women of enormous intellectual power have shown total disregard for higher-order reasoning than monetary policy.” — David Collum
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