Monday, November 19, 2012

Katrina-Sandy: From One Hurricane To Another, The End of America As We Knew It


From LEAP/E2020
The month of October 2012 will appear in history books as the date of the end of America as we knew it in the twentieth century. On October 29, the Hurricane Sandy hit New York 83 years to the day after the Black Tuesday crisis of 1929, revealing to the world the real state of American society and its symbol, New York City. The shift in perceptions in the media has been striking to behold, particularly in light of the aftermath of an election whose results the world should have applauded to: an America “changed,” “divided,” “third world,” “at an impasse,” “apocalyptic,” etc. Sandy has definitively shattered the American mirror.


As anticipated by LEAP/E2020 for several months, a major shock to the world economy and global stability has arrived in the Fall of 2012, in the form of a symbolic landmark in world history: Hurricane Sandy.

In the method of political anticipation upon which LEAP bases its analyses (1), Sandy corresponds to two characteristics: the “last-straw” event in which accumulated failures become unbearable and break the system, and the symbolic event that strikes the imagination and permanently transforms an image of reality, knowing one must always distinguish between the reality of a systemic change (at work since at least 2008) and its collective acceptance (in this case, that America is not what it once was).

The month of October 2012 will appear in history books as the date of the end of America as we knew it in the twentieth century. On October 29, the Hurricane Sandy hit New York 83 years to the day after the Black Tuesday crisis of 1929, revealing to the world the real state of American society and its symbol, New York City. The shift in perceptions in the media has been striking to behold, particularly in light of the aftermath of an election whose results the world should have applauded to: an America “changed,” “divided,” “third world,” “at an impasse,” “apocalyptic,” etc. (see a list of links below). Sandy has definitively shattered the American mirror.

Confirming all forecasts of the LEAP/E2020 team over the last six years regarding the deteriorating health of the U.S., particularly those since GEAB No. 65 (2), Hurricane Sandy is the event marking the last step in the collapse of the American system. Affecting the financial center of the country, highlighting the inability of the nation’s most powerful city to resist a “small” hurricane known about several days in advance, it marks the end of America as it had been known.

As anticipated in January of 2006, the “dollar wall” (3) has been cracking for six years, and Sandy struck it with full force, revealing a “naked king” (4). The devastation of New Orleans by Hurricane Katrina in 2005 can be compared to Chernobyl in 1986 (surprising the world by the poor management of the crisis and the real state of the economy), and the “dollar wall” can be compared to the Berlin Wall. Destroyed by the crisis, the dollar is no longer a wall and 2013 will be the years of the collapse of twentieth century America.

U.S.: Public federal debt, unemployment, manufacturing jobs, trade deficit - Source: Der Spiegel, 05/11/2012
U.S.: Public federal debt, unemployment, manufacturing jobs, trade deficit - Source: Der Spiegel, 05/11/2012
From Katrina to Sandy we passed through the Lehman Brothers and a series of shocks shaking US power down to the bedrock. The confidence of the world is gone. One should take note of an incredible article in Der Spiegel: “Divided States of America: Notes on the Decline of a Great Nation” (5), a real condensation of six years of anticipations from LEAP, which in such a mainstream publication as Der Spiegel is not to be considered trivial.

After Sandy and the presidential election, the media has clearly made a u-turn, including the European media usually so enamored with the U.S., now looking at this country with the critical eye of reality (6). The conclusion is unanimous – the great power that emerged from the Second World War is no more.

In the wake of Sandy, the re-election of Obama left a very bitter taste in half of the U.S. and in the rest of the world, as seen in the press: what should have been good news, for Obama was the best-choice candidate for the rest of the world, actually enables to see no change at all ahead, the worst news of all in light of what is now known about the U.S.’s economic and social situation. Everything that went unresolved in the last four years remains on the table. The campaign tamped them down, and now they emerge stronger and more intractable.

With the re-emergence of those problems evaded during the election campaign, and with the re-election of Obama difficult to swallow for Republicans, the U.S. will not be able to overcome the challenges coming in late 2012 and early 2013: on the economic side, the fiscal cliff, the debt ceiling, the bond bubble, the student loan bubble; on the social side, the explosive divide between the white, pro-Romney majority and the mostly pro-Obama minorities, with, as predicted in GEAB No. 68, the possibility of riots escalating into civil war and secession trends, given the amount of weapons in circulation, which in turn could lead to a military coup in order to maintain order. We develop this analysis of the collapse of the U.S. in GEAB No. 69.

The Dis-United States - Illustration by JP Trostle, IndyWeek.com (14/11/2012)
The Dis-United States - Illustration by JP Trostle, IndyWeek.com (14/11/2012) 

Labels: , , , , , ,

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home