Kunstler, one of the best thinkers and authors of our modern era, although certainly not a fan of Trump. Kunstler is well known as an expert in energy economics, among other topics.
Once I read Kunstler’s predictions, I realized that if I wrote my own predictions, people would assume I was plagiarizing his. Yes, they’re that similar.
So here, I’m going to simply reprint his predictions for 2021, with a few notations and comments following.
First, here’s his list from Kunstler.com:
The election is re-adjudicated, fraud subtracted from the tally, and President Trump is declared the winner.
The mail-in vote for the Georgia Senate seat runoff is disqualified as systematic fraud is revealed. Stacy Abrams is indicted for organizing the fraud.
A number of political celebrities, DC swamp rats, K-Street hustlers, media figures, and tech company executives are arrested and charged with serious crimes around election fraud.
The CIA is purged and reduced to a strictly analytical role for advising the executive.
The FBI is likewise purged; Director Wray is charged with obstruction of Justice.
Following the reversal of the news media’s election narrative (and the actual election results), Black Lives Matter and Antifa are loosed upon a number of cities and wreak considerable destruction, but eventually get their asses kicked by federal troops. City mayors who allowed the havoc to proceed are arrested, charged with abetting insurrection, and removed from office pending trial.
Nancy Pelosi replaced as Speaker of the House. Mitch McConnell replaced as Majority Leader.
US Attorney John Durham brings charges against lawyers involved in the Mueller Investigation, including Andrew Weissmann, Aaron Zebly, Brandon Van Grack and Jeanie Rhee. Mr. Mueller is named as an unindicted co-conspirator due to mental incompetence.
A special Prosecutor is named to investigate the Biden family business operations; indictments follow late 2021.
Stock market enters long, deep asset value deflation through first and second quarters and bottom-bounces the rest of the year. S & P falls to 550 range; DJI under 10,000; Nasdaq under 3000.
The dollar DXY index falls under 80 by 2nd quarter, 60 at year end.
US GDP down by 40-percent year end 2021.
US oil production (minus natural gas liquids) down by 40-percent, year-end 2021.
Banking system thrown into disarray due to non-payment of rents and mortgages. Federal government intervenes with direct renter relief payments. Home owners in default are allowed to remain in their houses on provisional basis (which is never reconciled).
Bubonic plague outbreak among homeless of Los Angeles as rats proliferate in their encampments.
Pension funds collapse as broken chain of rent-and-mortgage payments destroy Real Estate Investment Trusts.
Federal government forced to organize massive food giveaway programs.
Millions enrolled in make-work projects a la the New Deal (some of them of value).
New York City forced to curtail subway service to bare minimum as money runs out.
California Governor Gavin Newsom recalled out of office.
George Soros and several directors of Soros-funded NGOs charged with racketeering and election campaign finance crimes.
General Motors, Chrysler, and Ford are back seeking bankruptcy protection. This time, their assets are sold and reorganized into smaller companies. No bailouts.
Covid virus fades from the scene by 3rd quarter, but economic carnage remains. Huge amount of restaurant equipment sold for dimes on the dollar.
Bitcoin “Hodlers” becoming Bitcoin “Sodlers” as cryptos tank.
“Woke” hysteria evaporates as Americans struggle with desperate reality-based problems of everyday life.
Collapse of higher education begins in earnest as college loan racket implodes. Scores of colleges and even some universities shutter; others shrink drastically in desperate effort to carry on.
Hollywood celebrities apologize en masse for past “Woke” behavior, beg forgiveness from cancel victims and fans. Nevertheless, collapse of the movie industry continues as, post-Covid, Americans desperately seek the company of other people instead of canned entertainments, which they have grown sick of.
Professional sports collapse as business model fails. Impoverished Americans start-up low-cost, local baseball and football leagues.
Twitter and Faceback become public utilities