The Real State of Our Economy & Our Unhealthy and Risky Reliance on It
March 28th, 2010 | by admin |
Actual unemployment in the USA may be as high as 21%, depending on who is counted.
The gross domestic product gdp has probably been declining in real terms for several years.
This crisis has many names, economic crisis being the most common.
What will happen to the global economy as we pass peak oil, and we recognize that traditional growth is no longer possible.
How reliant are we on the system? We are entirely reliant for food, energy and money.
When the financial crisis “began” in the fall of 2008, the primary concern of the U.S. administration and goverment was that something would happen, perhaps a collapse in the money system, and that getting everyone fed would be an issue.
This is a clip from the middle of a 30 minute talk by educator Aaron Wissner on why the future will be local, and why and how we should prepare.
Duration : 0:3:13
[youtube kJRCw_8Ymw8]