Date: 21 Feb 2015 , Time: 3.00pm-6.00pm
Venue: A.V Hall, Don Bosco High School, Sirsi
Speakers: Mansoor Khan and Sagar Dhara
Growth is considered to be the fundamental characteristic of any healthy economic system. This growth is fuelled by the easy availability of fossil fuel, which is a limited natural resource formed over millions of years. We have now reached a stage where half the available source of Oil has been consumed. Exponential growth continues, but the source of fuel that was driving it is half empty. What will happen now? What will happen to the economic systems that depended on this fuel? What will happen to the stock markets, to the manufacturing industry, to our agricultural sector, to transport, to everything that we have got used to? What will happen to our lives?
This talk by two experts will provide us a clearer understanding about a topic that mainstream media and even economists have refused to talk about. They attempt to unravel the complex principles of Energetics to explain why the current rates of growth based on fossil fuels cannot be sustained any longer. They will point out the signs of economic collapse that awaits us in the not-too-distant future. A historical exploration of how we got into the current mess, will be presented. Some alternative paths to avert this disaster will also be discussed. The presentations will be followed by an open discussion.