The 2017 Center For Progressive Urban Politics Summit brought together an amazing panel that consisted of John Michael Greer, James Howard Kunstler, Chris Martenson, Frank Morris, and Dmitry Orlov. In this video, the panelists talk about global issues ranging from politics, the economy, the food we eat, immigration, labor, poverty, minorities, war, and much more.
The New Yorker reports: Survivalism, the practice of preparing for the collapse of civilization, tends to evoke a certain picture: eg. the religious doomsayer. But in recent years survivalism has expanded to more affluent quarters, taking root in Silicon Valley and New York City, among technology executives, hedge-fund managers, and others in their economic cohort.
What lies ahead for the economy this year? Will there be a global economic collapse as predicted by many or will the early positive signs in stock markets around the world continue? While focused on the U.S., this compilation by Daisy Luther of forecasts by 12 leading experts has implications for the entire global economy.
Chris Martenson writes: The main issue is simple: putting in steel reinforcing bars lowers the cost and weight of installing reinforced concrete, but at the severe expense of reducing its lifespan. In other words, literally everything you see today that’s made of concrete will need to be replaced within a hundred years of its installation.
Chris Martenson writes: The data seems to confirm this: Humanity is not going to painlessly wean itself off of fossil fuels. Instead, we will hit some sort of a wall: a food/population crisis, a climate crisis, or a debt/fiscal/economic crisis. Each of those candidates has its roots in our global society’s addition to fossil fuels.
Financial bubbles arise when asset prices inflate above what incomes can sustain. The mathematical reality is that the current over $200 trillion in debt and perhaps another $500 trillion of un(der)funded liabilities really cannot ever be paid back under current terms. In order for these obligations to be reset to a reality-based level, something has to give.