Forecast 2021 — Chinese Fire Drills With a Side of French Fries (Jacobin-style) and Russian Dressing
As I write, the presidential election is still not resolved, with dramatic events potentially unfolding in the first days of the New Year. I’m not convinced that Mr. Trump is in as weak a position as the news media has made him out to be in these post-election months of political fog and noise. The January 6 meet-up of the Senate and House to confirm the electoral college votes may yet propel matters into a constitutional Lost World of political monsterdom. The tension is building. This week’s public demonstration by one Jovan Hutton Pulitzer of the easy real-time hackability of Dominion Voting Systems sure threw the Georgia lawmakers for a loop, and that demo may send reverberations into next Wednesday’s DC showdown.
There may be some other eleventh-hour surprises coming from the Trump side of the playing field. As I averred Monday, we still haven’t heard anything from DNI Ratcliffe, and you can be sure he’s sitting on something, perhaps something explosive, say, evidence of CIA meddling in the election. There have been ominous hints of something screwy in Langley for weeks. The Defense Dept., under Secretary Miller, took over all the CIA’s field operational functions before Christmas — “No more black ops for you!” That was a big deal. There were rumors of CIA Director Gina Haspel being in some manner detained, deposed and…talking of dark deeds. She was, after all, the CIA’s London station-chief during the time that some of the worst RussiaGate shenanigans took place there involving the international men-of-mystery, Stefan Halper, Josepf Mifsud, and Christopher Steele. Mr. Ratcliffe seemed to be fighting with the CIA in the weeks following the election over their slow-walking documents he had demanded.
What else does Mr. Trump know about this rumored inter-agency feud? Or a number of other fraught matters surrounding the election, and also questions concerning the harassment he suffered from the four-year rolling coup run by his Deep State antagonists (many of them CIA). What does he know of China’s infiltration into our national affairs, of which the Biden Family’s business deals with CCP-connected companies is only one piece? Or of China’s relationship with Dominion systems — China is rumored to have acquired a 75-percent interest in the company as recently as October.
In any case, the president cut short his holiday break in Florida before New Years Eve to fly back to Washington. The company line is that he wants to exhaust all the prescribed legal procedures to contest the November 3 vote tally. And if none of it avails to correct the outcome, he might move on to… something else. If even the so-far publicly revealed evidence of the Biden family’s influence-peddling schemes overseas is true — and the emails and corporate memoranda from Hunter’s laptop seem genuine — then it would be Mr. Trump’s duty to prevent Joe Biden from becoming president. And outside the constitutionally-mandated process in the national legislature, that would leave him some sort of other emergency executive action.
Mr. Trump has called for a gigantic assembly of his supporters on January 6 in Washington. He didn’t call them there to watch him get humiliated. Something is up. You can feel it in the air. I’ll give it a fair chance that Donald Trump is the one with his hand on the bible come January 20. One caveat to all that: 2021 is going to be very rough sledding, with many discomforts, traumas, and things left behind for America. Whoever occupies the Oval Office is going to be buried in trouble. In theory, I would have preferred to see a Democrat left holding that awful bag, if only as payback for all their bad faith and dirty fighting of the past four years. But Mr. Trump is apparently willing to shoulder that burden, and, in such an existential emergency, he’s likely to be a better leader than the corrupt and feckless Ol’ White Joe.
Okay, I’m going to just come right out and splatter a bunch of individual forecast predictions up-front in this lead chapter, and if you’re interested, you can continue on to the finer points and arguments below. I’m grateful for all of you interested readers coming here twice a week, and for those of you who keep this outfit afloat with your Patreon support. A healthy, sane, purposeful, and upright 2021 to you!
A Bill of Particulars for 2021
- 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 Facebook become public utilities.
The Covid Crisis and Economic Meltdown
I won’t have a whole lot to say about the Covid-19 virus that others have probably analyzed better elsewhere, so I’ll make it short. In the fog of pandemic, it’s hard to know who or what to believe. The outbreak in early 2020 induced similar official responses and social changes in many other nations, raising the question: did the whole world get played? If so, it was quite a stunt. Was it intended as a cover to enable the much blabbed-about “Great Reset?” More on that below.
One big mystery is how, in China, the disease seemed mostly contained within Wuhan and its Hubei province, and how rapidly that country got over it compared to so many other places around the world where the illness lingered and got a second wind in the fall. All that said, it’s apparent that, in America, the virus was gamed opportunistically by the Resistance and its news media handmaidens, first to make Mr. Trump look as bad as possible, then to promote the mail-in ballot scheme that led to a fraud-riddled election.
Much of the confusion about the disease itself — ventilators or not… masks or no masks… hydroxychloroquine or not… lockdowns or not — ended up damaging the authority of the medical and scientific experts like Dr. Anthony Fauci, Deborah Birx, Surgeon General Adams, the NIH and the FDA, and is still not settled to many people’s satisfaction. And, as if we didn’t already have a big enough problem with failing institutional authority, that scientific failure added to our already acute cultural corrosion. I’m suspicious of the statistics regarding true case numbers and the official spinning of Covid-19 deaths actually from other causes, as well as the tests that produced so many false conclusions. It seems pretty obvious in these tense weeks post-election that The New York Times, CNN, and other media have worked to ramp up the Covid hysteria to distract the public from emerging news about the contested election.
What’s quite clear about the whole Covid-19 episode to date is how badly the states’ government response harmed the small businesses of America that make up at least 40 percent of the economy. According to Bloomberg News, more than 110,000 restaurants shut down, 17 percent of them permanently out-of-business, surely with more to come with the winter lockdowns. More than three million employees lost their jobs in that industry alone. Data from the University of California Santa Cruz indicates that nearly 317,000 small businesses closed between February and September, 60 percent for good.
The nation’s economic affairs were in considerable disorder before the Covid-19 virus threw things into more desperate disarray. Decades of off-shoring industry decimated the working class. In much of Flyover Country, the working class has been reduced to a demoralized idle-and-addicted class with a strikingly high suicide rate, especially for men. The situation only improved marginally under President Trump, who, after all, was bucking practically all of corporate America, which liked the benefits of off-shoring just fine.
I believe that working class will return to laboring, and not in the giant American factories of the kind we had in the 1960s, but because the government social safety nets will be running out of financial mojo in the coming decade. So, they will have no choice but to labor — at the same time that many automated activities we’ve enjoyed will not be running much longer. A lot of that automation has been applied, for instance, in agriculture, where one person could plow or harvest hundreds of acres a day riding in the air-conditioned cab of a multi-million-dollar rig guided by GPS, allowing the driver to watch movies while he “worked.” Well, that agri-business model is about to fail. The scale is all wrong and the capital requirements are too exorbitant. Bottom line: many idle working-class folk have a future in agricultural work. They don’t know it yet. Expect, also, more opportunities as household servants as American society becomes more distinctly hierarchical, and in more fine-grained strata than merely the rich and the poor. Far from being an evil outcome, consider how important to human psychology it is to have a place in this world, both in terms of purpose and a physical place to call home. And, anyway, how wonderful is the former working-class’s current plight as drug-addled, often homeless, and suicidal? Would you want things to stay that way, or can you imagine new social arrangements to meet new economic realities?
The consolidation of commerce into a few giant companies such as Walmart, Target, Amazon had reached a deadly and tragic pitch before Covid-19, destroying all lesser organisms in the business ecosystem, and thousands of local Main Streets in the process. With the Covid lockdowns, the big boxes were somehow exempted from closure. Though they seem to be triumphing for the moment, these giant national chain merchandising outfits are in their sunset phase headed for twilight. As I’ll surely state again in this forecast, the macro-trend is for downscaling and re-localizing in everything, all activities. The chain-stores and big boxes depend on systems and arrangements that won’t persist, for instance, the long supply lines from the factories of Asia. The end of mass motoring will also prove problematical for commerce at the giant scale smeared all over suburban landscapes. And, of course, Amazon’s business model of home delivery for absolutely anything and everything, was perfectly suited to the Covid-19 crisis — though in the longer term its model will prove fatally flawed, since it depends on trucking every single item to its custom
Article from LewRockwell