Thoughts on Coming Apart and the Coming Great Reset

Turning and turning in the widening gyre
The falcon cannot hear the falconer
Kit Webster
Themes and Theses
Why I'm Contemplating Out Loud
(Initially formulated in the early 90s, following decades of reading history, philosophy, religion, psychology and a lot of contemplation, particularly on the subject of cycles. In the end, this is a relatively straightforward story about human nature and of history rhyming.)
The US will enter a period of crisis in the early 2000s. In the late 90s, I incorporated Strauss' and Howe's terminology of the Fourth Turning (without incorporating their generations paradigm) and agreed with Howe that the end stage of the crisis began with the Great Financial Crisis and would last into the early 2030s. We are now at the beginning of the end stage of the crisis.
The crisis will be serious and could be existential.
Internal strife will increase, up to and including secession and civil war.
International conflicts will increase as the vacuum created by the weakening of the US is filled by other players.
There will be many threads to the crisis, but the primary thread will be debt, deficits and entitlements. Other factors include, eg, demographics, a loss of meaning and myth and a loss of self-discipline.
Politics will move leftward as citizens look for some refuge from the chaos. The US will become increasingly susceptible to a (man) on a white horse, who can come from either the left or the right.
Inflation, as the most likely way to address debt since austerity is not politically acceptable, will significantly lower standards of living, exacerbating the civil crises.
Eventually, the dollar will be inflated away and lose its reserve status.
Once the old rot is cleared out, and assuming continuity, there will be the basis for the establishment of a new order.
There will be what Strauss and Howe calls a First Turning . It will be constructed out of the physical infrastructure, wealth, energy sources, thoughts and values in the culture at the time. At this point in time, those components are unknowable. We can anticipate that the next future will be increasingly chaotic. We can anticipate that there will be destruction, and then reconstruction from some level. We cannot yet anticipate the form of the reconstruction or the level from which it will begin.
(Added in the early 00s) While humans are contributing to global warming, policies implemented to address manmade global warming will create a significant energy crisis, probably toward the end of the Fourth Turning.
(Added around 2020) The loss of faith by our youth in our founding principles means that the new order will at least partially be based on new principles. As yet, I have no visibility as to what those principles might be.
(Added in 2023) The lowering / elimination of standards in education, the judiciary, law enforcement, the military and other segments of our society will create a population unable to adequately comprehend, do or respond to the challenges of democracy and culture.
(Added in 2025) China has won - at least for the next 5-10 years. The US is dependent on China for the materials it uses to create defense items. We literally cannot fight China without China's help. China's industrial base is impressive; the US has to rebuild. China is out-innovating the US. China is turning out more engineers and scientists than the US by far. This does not mean that China does not face challenges - demographics perhaps being its primary challenge. The US military remains stronger than China's, but in an age of drone warfare, that statement means less than it has historically. The US still has bargaining chips and will need to use them to maintain any kind of status quo.
(Added in 2025) AI has the potential to profoundly affect human culture. However, AI faces several significant hurdles, including the demand for massive amounts of electricity, which may not be available, and a cultural revolt against its existence. Since it could be existential, and since China is pursuing it, the US has no alternative, at least in the short term.
(Added in 2026) Maneuvering for control of critical materials will be a primary driver of geopolitics for at least the next decade.
Monkeys, Typewriters and Prognostication - A Cautionary Tale
July 31, 2026
Quotes to Contemplate
I tell you: one must have chaos in oneself to give birth to a dancing star. - Nietzsche
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Black women, the most educated demographic in this country, somehow ended up the most unemployed out of everyone. - Jasmine Crockett
Summary of Primary Thoughts To Contemplate In This Issue
The Iran War continues with no end in sight.
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The Ukraine War continues with no end in sight.
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Predicting the future is a fool's game (but I'm up for it).
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Global warming has essentially no relationship to popular opinion or what is stated in the popular media. It is a huge problem that will take decades and tremendous sacrifice to adequately address.
So, You Say You Want A Revolution?
> Trump unveils a “Trump 2028” hat at the White House Correspondents’ Dinner.
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> "Superintelligent AI will be mega-expensive, hardware-tied “mega brains” with restricted access. First nations/corps to build them dominate the world — economically & militarily. The rich get vastly smarter; everyone else gets left behind. Not sci-fi — physics + economics." - Sabine Hossenfelder
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> Minnesota to roll out "MyGenderDolls" for use with children ages 4-10 under a state-backed program.
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> Great line from The Guardian - Welcome to the era of decadence without pleasure.
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> The Telegraph -
Hamas agreed to give up its weapons in exchange for Israel’s withdrawal from Gaza, Donald Trump announced.
The US president said an agreement had been reached on Thursday evening, hailing it as a “major milestone” for his board of peace.
Under the proposal, Hamas would first hand over its heavy weapons to a transitional Palestinian body to be stored and decommissioned.
The group would also be expected to give up terror infrastructure such as weapons manufacturing facilities and tunnel plans.
The deal leaves the surrender of personal weapons until last.
A board of peace official said they would be “dealt with” by Palestinian law enforcement, who would be expected to police the strip under the authority of the board-appointed National Council for the Administration of Gaza, aided by an International Stabilisation Force (ISF) of foreign troops.
Mr Trump also said the agreement included the complete disarmament of “all other armed groups”, which it assumed to mean various “clans”, some of which are backed by Israel.
(Kit) Unlikely to go anywhere, but a first step.
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> Arizona, California and Nevada will be required to curb their use of water from the Colorado river by a combined 20 percent over the next two years, according to three officials.
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> Mamdani: Today, I am proud to announce a collection of essential staples that will be predictably 30% cheaper at all five of our city-run grocery stores. This core set of goods will include all fresh produce, meat, and seafood, along with 20 other essential items like cheese.
Let's run that rabbit down the hole:
Grocery stores' margins are around 2%.
So, these grocery stores will run a taxpayer-subsidized loss.
Against which for-profit grocery stores cannot compete.
For-profit grocery stores will close.
Grocery store deserts will expand.
Until and if the city tires of the subsidy.
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From X - Question for Mayor Mamdani, Am I allowed as a New Jersey Resident to come in and shop at these fine NYC-Run Grocery Stores? If Not, will shoppers need to show ID?
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> Trump administration bans all new foreign-made robot vacuums from entering the U.S., citing national security concerns.
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> Fauci pleads the fifth.
Imo this is just a circus.
The only interesting things his diary revealed were that he was fascinated with his fame and that the lab leak theory may have been valid.
Fauci is not a good guy and he was part of the Covid problem, along with the CDC and NIH.
But, he is everybody's favorite scapegoat.
And, don't forget that the US was funding the lab in China - that's not even a conspiracy theory.
Monkeys, Typewriters and Prognostication - A Cautionary Tale
You've heard the old adage - given an infinite number of monkeys and an infinite number of typewriters, one of them will, sooner or later, write the works of Shakespeare.
That's how I think about prognostication.
On any given day, hundreds of people are predicting the outcome of hundreds of events. With every outcome, there is at least one person who is, often randomly, right. They will then ride that prediction to sell as many subscriptions as possible.
Predicting the future is a fool's game. No one can do it consistently.
No one.
I read and listen to as many "experts" as I can. If I find one who consistently - say 60% or more - is correct, and has a theory of the way the world works that I can buy into, then I continue to follow them.
If not, not.
There are Warren Buffets, you just have to find them. Unfortunately, if they are that good, you probably don't have access to them, anyway.
So, Luke Gromen, Lyn Alden, Luis-Vincent Gave and Darius Dale are on the top of my go-to list.
I was listening to a nationally-known expert, maybe 20 years ago. One of his theses was that, when the Boomers began to retire, they would downsize and the McMansion market would be flooded with houses no one wanted to buy. We were at peak housing market.
Since Beth and I were in the process of downsizing - we were empty nesters and who needs all that room for two people and a dog? - it made a lot of sense to me.
But, I didn't invest any money on the theme.
As time went by and as the Boomers started retiring, as I looked around, nobody was downsizing - except us.
Earlier this week, the Wall Street Journal ran an article on how Boomers are actually buying bigger houses.
I don't understand, but it is not required that I understand.
It is happening.
Every thesis comes wrapped in a great story - these are intelligent people who have put these scenarios together. They have done a lot of research and have thought the problem through.
In the end, they are almost all wrong.
Every expert today says there is a monumental crash on its way.
Just the fact that everybody says it makes me think something else will happen. I'm a contrarian in good standing.
Although not an expert, I am also forecasting a monumental crash - but at least a year or two out.
Let's watch.
The Market
> Lacy Hunt, a deflationist for decades, has just turned inflationist.
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> US national debt just crossed $40 trillion.
The Iran War
> A world-historically bad move that will have consequences for years and from which there is no escape that resembles a win for the US.
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> Today's update from Claude:
The war is metastasizing — Egypt hit, China touched, and a 14-nation naval coalition forming. The conflict's geographic creep accelerated sharply. Egypt was struck for the first time: Cairo confirmed a drone caused the fire at a Mediterranean port, with Iran's foreign minister denying involvement — deniable or not, the war has now touched a country on the Mediterranean. Iran also warned Cyprus and Bulgaria against allowing US use of their bases — extending its target rhetoric to EU territory a week after the RAF Fairford threat. The escalation cycle itself turned brutal: a US overnight strike killed a couple and their two-year-old child in their home on Qeshm Island, with Tehran vowing the "aggressor will be punished today" and the IRGC answering with attacks on US bases in Kuwait, Jordan, and Bahrain; an Iranian strike on a Chinese firm's building in Kuwait killed a worker — the first direct Chinese-interest casualty, worth watching for Beijing's response given China's stake in Gulf energy. The Pentagon's casualty database now shows 18 US troops killed and 653 wounded.
The structural development is at sea: Saudi Arabia announced a "Maritime Defense Alliance" to protect shipping corridors, with 14 countries backing it — the institutionalization of the coalition, and a framework that could outlast the war as a standing Gulf security architecture. CENTCOM's enforcement tally: 24 commercial vessels redirected, two disabled, two boarded. Traffic data shows the squeeze's geography — Hormuz remains a fraction of its ~120 pre-war daily crossings, while Bab al-Mandeb transits (48, up from 37 the prior day) run about a fifth below normal under Houthi pressure. Washington layered new sanctions on Mahan Air's support network.
> The US has backed off. We are now in limbo.
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> It is thought that Iran is behind a cyberattack on a Minnesota water system.
> China directly rejects Trump's latest Truth Social claim that Xi told him China would not sell weapons to Iran under any circumstances, saying "as a comprehensive strategic partner, China strongly supports Iran in safeguarding its sovereignty, security, and national dignity."
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> Saudis join strikes on Iran.
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> Damn, life is complicated - Ukraine drones an Iranian ship.
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The Ukraine War
Long time reader and virtual friend DE continues to tell me that I am wrong about the Ukraine war and I am falling prey to propaganda.
Entirely possible.
I have been discussing reality and perception at length in these spaces.
I categorically do not trust our government or the mainstream media to tell me the truth.
In fact, my working assumption is that everything, not just about the wars, coming out of the Trump administration is a lie. Even Rubio and Bessant, the best of a very bad lot, often toe the official line.
I read a lot of foreign sources, including some that I consider Russian propaganda sources that DE steers me to. Foreign propaganda is often useful in noting truthful negatives about the US, particularly wrt Iran.
I am probably better informed than, say, 90% of the people out there.
And it beats the hell out of me.
The fog of war is very thick.
Let me review my current opinions:
This is a proxy war between NATO, primarily Europe, and Russia, with China supporting Russia.
I think Russia will "win" in the sense that Ukraine will ultimately have to cede some territory.
I think Ukraine is raising hell with Russia in the Crimea and droning refineries and Russia's equivalent of Amazon and an apartment building, here and there.
I think Ukraine is currently "winning" the ground game, but only by inches and subject to reversal.
I think Russia is tired of losing troops. Who knows what the right number is, but one guess is 450,000 dead with 1.4 million casualties. Probably the right number of zeroes.
I think Russians are tiring of gas lines.
Putin is facing growing frustration from his subjects, but he remains firmly in charge.
Pressure on Putin will continue to rise.
Ukraine will continue to drone targets far inside Russia.
Neither side can enter a stable truce, but both have to.
If something destabilizing happens - like Crimea being cut off - then it could be time for desperate measures. By that I mean tactical nukes.
And there we are.
Global Warming
One of my themes is that essentially nothing - nothing - in the news or stated by politicians about global warming is correct. Huge, huge problem and all the virtue signaling in the world is having exactly no effect.
Anyway, I came upon another interesting article to file under, We're So Screwed.
When would we detect the effects of reducing emissions?
Let’s assume that the world achieves net-zero carbon dioxide emissions: When would we detect the effects on climate?
The scientific literature provides a clear answer: not soon. Tebaldi and Friedlingstein (2013) found that even under an assumption of strong mitigation, a change in the global mean temperature trajectory might not be detectable until later this century (e.g., “up to 60 y[ears] for RCP4.5 vs. RCP2.6”). At the regional scale the time of emergence of the impacts of mitigation on climate would necessarily be longer than at the global scale. For extreme events, longer still.
Short Takes
> Nothing this week.​​
Gallery

I would say Racism and Fascism, but that's just me.



Miscellaneous

Really, really bad

This is one of those I love so much because it is saturated in irony
(McCarthy hearings)
