Contents
- 1 How to survive economic collapse
- 2 A Century of Challenges
- 3 How I Prepared My Home for Peak Oil
- 4 EU crisis: Riots in Spain and Greece
- 5 World Financial Instability Dialogue
- 6 Forecasting 2012 & Beyond
- 7 Question and Answer, January 2012
- 8 We Need Freedom of Action To Confront Peak Oil
- 9 About Nicole Foss
Vídeo de YouTubeAt her presentation, Foss will discuss the many converging factors that are contributing to the predicament we face today, and how individuals can build a "lifeboat" to cope with the difficult years ahead. She explains how our current financial system is an unsustainable credit bubble grounded in "Ponzi dynamics," or the logic of the pyramid scheme. She warns that most people are woefully unprepared to face the consequences of the devastating deflation that is now unfolding. What makes this crisis different from past financial calamities? Foss argues that this crisis has developed in the context of the fossil fuel age, an age which will prove to be a relatively brief period of human history. She says that we have already seen oil reach a global production peak, and other fossil fuels are not far behind; and while there is still plenty of fossil fuel in the ground, production will fall, meaning that there will be less and less energy available to power the economy at prices afford to pay. She continues that societies have gone through boom and bust cycles before, examples include: the Tulip Mania, the South Sea Bubble and the "Real" Great Depression of the 1870s; but most people in the Western world today will face this crisis without the knowledge or means to provide the basics of their own survival. Our industrial system has nearly destroyed the individual capacity for self-reliance. Foss argues that individuals and communities that take steps now to prepare stand a much better chance to thrive in a changing world. This is part one of a keynote talk delivered to the 2010 International Conference on Sustainability: Energy, Economy, and Environment organized by Local Future nonprofit and directed by Aaron Wissner. This portion of the talk is provided with permission of Ms. Foss. To view the rest of the copyrighted talk, visit: http://theautomaticearth.blogspot.com Vídeo de YouTubeSubido el 08/10/2011 http://sustainabilityconference.org Vídeo de YouTubeIn this edition of the show Max interviews Nicole Foss from theautomaticearth.com. She talks about the ongoing global debt deflation and what's next for Europe and US in terms of government and Central Bank policy to stop the collapse. Nicole M. Foss is co-editor of The Automatic Earth, where she writes under the name Stoneleigh. The site integrates finance, energy, environment, psychology, population and real politik in order to explain why we find ourselves in a state of crisis and what we can do about it. Vídeo de YouTubeVídeo de YouTubeEconomists Nicole Foss (The Automatic Earth), Steve Keen (Debunking Economics), and Tom Greco (The End of Money) are interviewed by Aaron Wissner (Local Future) regarding what to expect in the world economy in 2012 and beyond. This video was recorded at the 2011 International Conference on Sustainability, Transition and Culture Change: Vision - Action - Leadership which was organized by Local Future, a 501(c)3 non-profit educational organization, and directed by Aaron Wissner. http://localfuture.org QUESTIONS, KEYWORDS, NOTES What about sending everyone a tax refund check that had to be used to pay off mortgages and loans? Bernanke "quantitative easing" "Jubilee shares" speculation What would you not be surprised to see in the news headlines in 2012 out of Europe? Greece Italy Spain PIIGS "military coup" Portugal debt "Euro zone" GDP bubble "European Union" If I was a person living in Greece, and I had some Euros, what does it mean for Greece not to be on the Euro? What is the process for currency reissue? "currency flight" "capital controls" Argentina Mylasia Could capital controls happen in US? "reserve currency" Keynes "Breton Woods" "special drawing rights" SDR seniorage "printing money" "multilateral clearing" Europen "legal tender" "currency peg" debt Headline: "War Declared in Europe!" What's your first thought on how that might have happened? "diversionary war" Kuwait Iraq oil Libya NATO "popular uprising" Egypt "civil war" 1929 Are you implying that the structure of the economic system itself had something to do with the depression and that in turn caused the second World War to happen? "The Economics Consequences of the Peace" repirations Hitler Germany rearmament unpayable France unemployment "financial crisis" "balance budget" deficit "welfare payment system" contrarian Vídeo de YouTubehttp://theautomaticearth.blogspot.com Nicole Foss (a.k.a. Stoneleigh of The Automatic Earth) answers questions following her talks on economics and preparedness, part 3 of 3. For more information, and to view Ms. Foss's full presentations, visit The Automatic Earth web site. Recorded in Michigan by Aaron Wissner for a live event hosted by Local Future, a 501(c)3 tax-exempt non-profit educational organization. http://localfuture.org Vídeo de YouTubeIn the third video in the series "Peak Oil and a Changing Climate" from The Nation and On The Earth productions, co-editor of The Automatic Earth, Nicole M. Foss, explains how energy relates to the economy and what our impending energy crisis will look like. Foss discusses the issues associated with peak oil in financial rather than environmental terms, because she finds that peak oil has much more to do with finance than it does with climate change. Foss talks about what she calls a "false positive feedback loop," which involves optimism leading to "caution being thrown to the wind." When this happens, Foss believes that people become angry. Succumbing to fear and anger might lead to engagement in destructive behavior, which would make it harder for society to confront peak oil and climate change. Reacting to former vice president Dick Cheney, who once said "the American way of life is not negotiable," Foss says, "That's true because reality is not going to negotiate with you." For more videos in the series, visit www.TheNation.com. | About Nicole FossFoss believes that resource limits (peak oil) and the collapse of global Ponzi finance are a "perfect storm" of converging phenomena that threaten to trigger wealth destruction, social discontent, and global conflict. The consequences for unprepared individuals and families could be dire.In Foss's presentation "A Century of Challenges", she discusses the many converging factors that are contributing to the predicament we face today, and how individuals can build a "lifeboat" to cope with the difficult years ahead. She explains how our current financial system is an unsustainable credit bubble grounded in "Ponzi dynamics," or the logic of the pyramid scheme. Foss argues that this crisis has developed in the context of the fossil fuel age, an age which will prove to be a relatively brief period of human history. She says that we have already seen oil reach a global production peak, and other fossil fuels are not far behind; and while there is still plenty of fossil fuel in the ground, production will fall, meaning that there will be less and less energy available to power the economy at prices afford to pay. Foss continues that societies have gone through boom and bust cycles before, examples include: the Tulip Mania, the South Sea Bubble and the "Real" Great Depression of the 1870s; but most people in the Western world today will face this crisis without the knowledge or means to provide the basics of their own survival. The industrial system has nearly destroyed the individual capacity for self-reliance.Foss argues that individuals and communities that take steps now to prepare stand a much better chance to thrive in a changing world. Warwick University says of Foss's work, "[she] writes a finance blog with a difference; instead of saying how to make money, it tells ordinary people how to avoid losing it." Foss travels extensively on speaking tours throughout North America, Europe and Australia.BackgroundNicole M. Foss is co-editor of The Automatic Earth, where she writes under the name Stoneleigh. She and her writing partner have been chronicling and interpreting the on-going credit crunch as the most pressing aspect of our current multi-faceted predicament. The site integrates finance, energy, environment, psychology, population and real politik in order to explain why we find ourselves in a state of crisis and what can be done about it. Prior to the establishment of TAE, she was editor of The Oil Drum Canada, where she wrote on peak oil and finance. Most recently, Foss ran the Agri-Energy Producers' Association of Ontario, where she focused on farm-based biogas projects and grid connections for renewable energy. While living in the UK she was a Research Fellow at the Oxford Institute for Energy Studies, where she specialized in nuclear safety in Eastern Europe and the Former Soviet Union, and conducted research into electricity policy at the EU level. Her academic qualifications include a BSc in biology from Carleton University in Canada (where she focused primarily on neuroscience and psychology), a post-graduate diploma in air and water pollution control, an LLM in international law in development from the University of Warwick in the UK. She was granted the University Medal for the top science graduate in 1988 and the law school prize for the top law school graduate in 1997. . |