Epic Collapse Is Upon Us

Epic Collapse Is Upon Us Were you forwarded this email? [Sign-up to The Daily Reckoning here.]( [Unsubscribe]( [Daily Reckoning] Epic Collapse Is Upon Us - Europe cuts its own throat… - “An epic crackup is upon us”… - Every man for himself… Recommended Link [“The Situation Is Getting Worse By The Day”]( That’s what the President of the US Chamber of Commerce just said about the supply chain. If you thought the supply chain issues were over, think again… Things are about to get much, much worse. And everything from your local grocery store to your gas station could be impacted. That’s why I’m urging everyone I can to prepare now… See the #1 move to make before this problem gets any worse... [Click Here Now]( Saratoga Springs, New York July 23, 2022 Editor’s note: The old world order appears to be unraveling before our eyes, greatly accelerated by the war in Ukraine. Where it all ends up remains to be seen. But today, James Howard Kunstler shows you why he believes an “epic crackup is upon us.” [James Howard Kunstler]Dear Reader, What’s wrong with the world? Let me count the ways… The Western gambit against Ukraine is a bust, a foolish miscalculation that was obvious from the start. All it accomplished was to reveal the pitiful dependence of our European allies on Russian oil and gas, leaving their economies good and truly scuppered without them. The Russians will likely end up with control of the Black Sea and probably the Ukraine breadbasket as well. So now Europe will starve and freeze. Did they really want to commit suicide like that? Do the populations of Germany, France, Italy, the Netherlands, Spain and the rest just aim to roll into oblivion? Probably not. Rather, we are entering the season of upended governments. Europe is suddenly a magnificent mess with governments falling like duckpins, industry shuttered from lack of fuel and citizens rising up against insane World Economic Forum (WEF) diktats to drastically reduce livestock and shut down farming — in effect declaring food production an unacceptable environmental hazard. Cutting Your Own Throat This, of course, after the governments of Euroland cut their own throats by self-sanctioning themselves out of Russian oil and natgas. It’s especially bizarre in Germany, the largest economy of the region, which had just this year conclusively realized and admitted that its “green energy” policy was a complete bust, forcing them to shut down major wind turbine installations and resort to producing electricity with coal. Nice job, greenies. Your idiotic policies are forcing economies to turn to coal, the dirtiest fossil fuel. Of course, the governments of Merkel, and then Olaf Scholz, have revealed themselves as the sheerest hypocritical idiots. The globalist stooges implanted everywhere will probably be overthrown. I can envision a scenario where NATO and the Euro Union will dissolve in impotent ignominy, and the various countries involved will have to renegotiate their destinies, forgoing U.S. advice and coercion. They might even become adversaries of the USA, not allies. Did you forget we fought two wars against Germany not so long ago? And all those countries have been fighting each other since the Bronze Age, too. Recommended Link [Biden Just Signed Death Warrant On Your Freedom]( [Read more here...]( If Biden’s Executive Order 14067 comes to pass, a former advisor to the CIA and Pentagon is predicting legal government surveillance of all US citizens; total control over your bank accounts and purchases; and indefinite Democrat control past 2024. He says Covid was a trial run for how to control a population. Dems will use their “pandemic playbook” to silence any dissent. See exactly what to do before it happens. [Click Here]( History’s a Prankster It may seem unbelievable, but history never stops reminding us what a prankster it is. A strange and terrible inversion has occurred in this Fourth Turning. Somehow, Mr. Putin’s Russia will be left to represent what remains of international rule-of-law while the Western democracies sink deeper into a morass of deranged despotism. Anyway, they are too busy conducting war against their own people to even pretend to assist their Ukrainian proxies. We can’t forget that “Joe Biden” crammed nearly $60 billion into the Ukraine money-laundering machine since February, which will just spew hallucinated capital back out into increasingly disordered financial markets. Look: The indexes are up worldwide this morning. Why? Because global business is so good? I don’t think so. Meanwhile, there are reports of huge amounts of Western-supplied weapons turning up on the black market. Apparently, some Ukrainians are even selling these weapons to the Russians! “An Epic Crackup Is Upon Us” An epic crackup is upon us. Every place in the world is primed for meltdown, and a few lands in the periphery are already sinking. Sri Lanka is broke and out of gas after being set up as a WEF low-carbon ecostate experiment. Panama is in revolt over extreme government corruption, food scarcity and the aftereffects of an especially severe two-year-long COVID lockdown that the rest of the world hardly heard about — perhaps because China has operational control over the vital Panama Canal and the CCP has operational control over the World Health Organization, which set up Panama as a lockdown lab project. In the U.S., moving toward autumn, what we have to look forward to is the blatant desperation of the claque behind “Joe Biden.” Their propaganda machine will probably go all out on climate change and renewed COVID hysteria. There are always heat waves in midsummer. CNN acts shocked that it’s over 100 degrees in Texas. Really? Never seen that before? Meanwhile, behind the news about emerging Omicron subvariants, the vaccine injuries and deaths mount and the CDC pretends not to notice. They are just lying as usual. You’re used to it. You pretend it’s to be expected. You’ve forgotten that it wasn’t always so. Soon, it will matter. Recommended Link [Federal Ruling does WHAT?]( [Read more here...]( The Federal Government just passed an obscure new ruling. It could change your life in ways you’ve never thought possible. And help some Americans make a small fortune in the process. [Click Here To Learn How]( Help Is on the Way — A Few Years From Now Meanwhile, the November midterm elections are only a few months away. Democrats are panicking they’re going to get smoked at the polls. Well, here’s a prediction: A new pandemic is declared in early October, complete with lockdowns, while Google partners with Facebook to roll out a new vote-by-phone app. They’ll say it’s all necessary “to save our democracy.” By some miracle, then, the Democrats add 30 more seats to their house majority and five in the Senate. Then we enter the new frontier of the Green New Deal and Build Back Better. In other words, the USA heads towards complete collapse. Speaking of “Joe Biden,” whose idea was it to send the wind-up doll president to Saudi Arabia? I can just imagine what went on in the chamber in private with “JB” and MBS (Crown Prince Mohammed bin Salman), virtual autocrat of the oil-soaked desert land. And wasn’t that fist pump just priceless? What concessions did “Joe Biden” win from the Saudis? Saudi Arabia graciously agreed to bump up its oil production somewhere in the 2025–2027 time frame — a real triumph for U.S. diplomacy. Nice. Doesn’t really do much for us in the short term, does it? People, Get Ready And now the ground is even shifting under the Chinese Communist Party (CCP) as China’s extravagant matrix of city-building, mortgage debt and banking fraud rattles its financial system. What a surprise! Potent as it has been in bribing politicians around the world, infiltrating governments and cultural institutions in every land and getting the news media to do their bidding, the CCP is apparently losing its grip on the Chinese people, who are sick of being locked down, tracked and swindled. The tanks are out. This is not the same movie as Tiananmen Square, 1989. This is the CCP bankruptcy, an epic event that will thunder through “the global south,” sending Africa into famine and chaos and South America into yet another rotation of elites. Pretty soon, it’s going to be every country for itself in this main event of the fourth turning (aka the long emergency). Global unity is a mirage, along with all the preposterous narratives of a world government. And in every country for itself, it’s going to be every community, every family, every person for itself until, emergently and painfully, everyday life can be reorganized from the ground up. People, get ready. Regards, James Howard Kunstler for The Daily Reckoning Editor’s note: Jim Rickards fears that a [“Financial Fourth Horseman”]( is set to show up in the markets with near mathematical certainty on Ju ly 27 at exactly 2 p .m. That’s just days away. Much like the four horsemen in the Book of Revelation, Jim believes four events are destined to devastate the markets. [And the fourth will take place any day now.]( And once it does, Jim warns it could mark the beginning of the most significant financial events in our lifetimes. Tragically, it could lead to economic chaos not seen in this country since 1929. To help you prepare, Jim’s hosting an exclusive online briefing tomorrow Su nday, Ju ly 24, at 7 :00 p .m. EDT. Registration is simple — click [this link]( and you’re in automatically. Jim’s team will send you reminders as we get closer to the date. This is obviously an urgent situation. [Go here now to register.]( --------------------------------------------------------------- Thank you for reading The Daily Reckoning! We greatly value your questions and comments. Please send all feedback to [feedback@dailyreckoning.com.](mailto:dr@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. 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