Palisades Gold Radio: Fragility and the Collapse of Complex Societies (w/ James Kunstler)

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Palisades Gold Radio
Apr 7, 2022

Tom welcomes a new guest to the show James Kunstler. His book “Living in the Long Emergency” discusses the increasing complexity and fragility of our tech-based society. We seem to be closer to the end than the beginning of this stage of society.

The customs and convenience we are accustomed to may go away for a time. We are reaching a point of diminishing returns as systems we depend on fail.

The West appears to have vastly underestimated the effects of sanctions. This is because Russia’s economy is largely based on real goods and commodities that the West wants. The United States’ chief export is the dollar and inflation. Therefore Russia is in a much better bargaining position.

The U.S. has managed to blow up global trade arrangements that were deeply complex. The worlds manufacturing processes require fossil fuels and green energy is far from sufficient. Our leaders are operating with a lot of wishful thinking that is failing.

We’re not going to run suburbia and the interstate highway system on green energy. It’s difficult to reach an overall consensus on what is happening and as a result, a plan to fix it is difficult to construct.

We should focus on solving issues at a local level. Family-owned businesses are needed that will employ their neighbors. Driving hundreds of miles for goods is not going to be practical.

We’re seeing the importance of gold in Russia right now. You can either pay them in Rubles or gold and they will sell you Rubles if you have gold.

The European countries aren’t going to have much choice in the matter. The WEF has created a coordinated system in many Western nations. We see that in the lockstep response to the pandemic.

We’re experiencing some sort of ‘mass formation psychosis’ that goes contrary to rationality and reason. A coming lack of capital investment due to our failing financial system won’t help fix the energy deficits. A lot of people who are now rich will discover they aren’t that wealthy.

Talking Points From This Episode
– Why our society is becoming increasingly fragile in the age of technology.
– Massive debts and the actual impact of the sanctions on Russia.
– Coming energy deficits and the need to return to a more localized economy.

https://www.youtube.com/watch?v=3HIFiTKGaG4

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