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Reality Report: The Financial Collapse Was Predictable, but Inevitable

Posted By dpacheco On October 10, 2008 @ 10:47 am In Business & Economy,Politics & Public Policy | No Comments

In an economic system requiring constant and unlimited growth on a planet with finite resources, the financial collapse was predictable and inevitable. The system is unsustainable.

Scientist and businessman Chris Martenson [1] recently spoke to Jason Bradford on Global Public Media [2]‘s Reality Report [3], a “long format interview program of key thinkers of our time,” to try to make sense of the collapse by answering a few simple (well…not so much) questions:

  • How is modern money created, and why does it lead to financial collapse?
  • Why would societies allow such a system to develop and persist if ruin is the outcome?
  • What should people do about this?
  • What is going to happen next?

Listen now. [4]

Article printed from Blog: http://www.chelseagreen.com/blogs

URL to article: http://www.chelseagreen.com/blogs/reality-report-the-financial-collapse-was-predictable-but-inevitable/

URLs in this post:

[1] Chris Martenson: http://www.chrismartenson.com/

[2] Global Public Media: http://globalpublicmedia.com/

[3] Reality Report: http://globalpublicmedia.com/topics/reality_report

[4] Listen now.: http://globalpublicmedia.com/reality_report_chris_martenson_on_the_current_financial_crisis