" />
Building a world of
resilient communities.

MAIN LIST

 

Developing Breakdown


 

Central banks are undertaking unprecedented actions to keep the monetary system from unraveling. Despite unlimited Quantitative Easing and wealth transfers between Europe’s economies, growth has yet to return and debt is demanding to be serviced. This process is stretching the banking system to its limit. What happens when the pretense is dropped and money loses its full faith and credit? As the global economy continues its slowdown, are there people preparing for life after the global credit system falls apart?

In Extraenvironmentalist #49 we speak with Dmitry Orlov about the developing systemic breakdown threatening to destroy the global credit system. Dmitry describes his view of the mortal blow to globalized trading and discusses ideas of how society would transform after it evaporates. We ask Dmitry about those who may be best prepared for the financial system to go broke. To find out more about people prepared for a world without money, we speak with photographer Lucas Foglia [1h 19m] who tells us what it was like to capture the lives of those dropping out of society for his book A Natural Order. After we hear from the people in Lucas’ work, we play a discussion from CNBC with Marc Faber [1h 52m] where he echoes the sentiments of Dmitry and those living off the grid.

And remember: Listening to XE #49 is the perfect way to celebrate the launch of QE.

 

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Make connections via our GROUPS page.
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


Simply calling the US an oligarchy is not enough

It’s not every day that an academic article in the arcane world of …

The New Economic Events Giving Lie to the Fiction That We Are All Selfish, Rational Materialists

Jeremy Rifkin's new book, “The Zero Marginal Cost Society,” …

Millennials and the Slave Economy

Similarities abound between today’s declining civic ethos and mid …

Pop-up Stores Build Local Economies Through Sharing

The idea behind pop-ups is to allow new businesses to test their products …

Don't Leave BitCoin to the Libertarians! (Or, why Your Movement Needs Open Source Money)

Among activists one often finds an aversion to even thinking about money.

The Global Banking Game Is Rigged, and the FDIC Is Suing

Taxpayers are paying billions of dollars for a swindle pulled off by the …

Why Green Growth Won’t Transform the Economy

In discussions of the future of economic growth, ‘business as …