Every day something crazier than the day before appears in the news. It’s like the name of that old tv show. “Can You Top This?” If Biden starts emptying out the Strategic Petroleum Reserve, then OPEC deducts two million barrels a day of oil from the market. Ukraine stages a kamikaze assault on the Russian lines and Putin annexes the Russian provinces of Ukraine. Italy elects a right-wing woman as prime minister and the EU threatens to withhold funding due to too much democracy. The Germans warn they are running out of fuel so the United States sabotages the Nord Stream pipelines.
It seems that the only strategy anyone can think of is doubling and redoubling every time they lose a bet. It feels like we’re at the “go for broke” table at some insane global casino. Going all the way back to 2001 more and more bizarre actions by the US government has been the rule. A disconnect between reality and events has occurred. It’s like that road runner cartoon scene where Wiley Coyote has run off a cliff but keeps going in a straight-line walking on thin air. And somehow gravity doesn’t catch up with him until he looks down and sees nothing under his feet but thin air. Then he drops like a stone. It feels like the whole world is that coyote running on air, running on empty.
The only question is, have we looked down yet? I get the idea that it is beginning to unravel. The first sign is the oil prices. Joe ran us off the cliff by announcing that he was going to wean us off petroleum. He poured a trillion dollar into the green new deal. No more gas cars, no more natural gas to heat our homes and run our businesses. No more pipelines, no more federal leases for exploration. The only thing he forgot was windmills and solar panels aren’t real.
And what do you know. The price of oil doubled. So, he panics and starts drawing down the strategic reserve. But that’s a temporary fix. And now the Saudis and the Russians and the Iranians smell blood in the water so they’re gonna start torturing us. Winter comes and oil becomes scarce and expensive. But what is he going to do? What new friends will he turn to? He doesn’t have any left.
The economy is very weak. The recession that American officials want to claim won’t happen is already in full bloom in Europe. And the green new deal is already riling up the farmers in Europe and anyone who has to pay a fuel bill or a food bill. In the words of Howard Beale, “I don’t have to tell you things are bad. Everybody knows things are bad. … We know things are bad. Worse than bad. They’re crazy.”
So he’s driven us off a cliff and now he needs a nuclear war to distract us from being cold and hungry. And who knows, maybe these sociopaths will do that too. At this point I’ll be far from surprised. I’ll be horrified but not surprised. But for the sake of keeping this from becoming apocalyptic assume for a minute that the Russians don’t launch any nukes. Then the way things are going, where does this all end up? Assume that the Dems lose the House and the Senate. What does Crazy Joe do for the next two years? Does he tack to the middle? Does he reverse his energy policy? Or does he stay the course?
If he continues down this road, the recession is going to be very painful. Millions of people will be out of work and that spells disaster for the presidential election in 2024. He can arrest Donald Trump and anyone else he cares to. But a recession in 2023 is a political disaster in 2024. He’ll sink his party for sure if he lets that happen. But that’s what the green new deal equals. My guess is he stays the course. Joe is just the front man for more important people. And this is what they want to do. This is what they will do!
So that brings me back to the original question. How do this end? The surprising answer is that they make this happen. They crash the old system and keep the rest of us on life support while the Great Contraction whittles us down to nothing over time.
The only way it turns out otherwise is if someone steps forward and stops it. Someone with the smarts and the stones to derail this plan and send us down an alternate path. Is there such a man? The answer to that question will tell you how this ends. I’d guess it’s one chance in a hundred.