Reality Report: The Financial Collapse Was Predictable, but Inevitable

Posted on Friday, October 10th, 2008 at 10:47 am by dpacheco

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 recently spoke to Jason Bradford on Global Public Media‘s Reality Report, 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.

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