Economic Contraction
Just like peak oil and global warming, economic contraction is a “game changer.” As the economy we now know crumbles, the far-reaching repercussions will sculpt every aspect of our future. In my opinion, any long-term plan — Transition EDAPs included — must anticipate that it will unfold amidst a world of economic contraction. We have to plan for it, and put alternative financial tools in place to weather it, or it will undermine all of our other efforts.


