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PaulS's picture

The Economic Crisis Changes Everything

Richard Heinberg's presentation on Community Resilience Planning - "The Economic Crisis Changes Everything", given at the Transition Conference 2009.

His basic point is exactly that, which I have been making in my blogs and other communications, and that is

- partly caused by energy spike in 2008
- partly by debt based economy toppled by the energy spike
- Return to Growth is now probably impossible
- We have entered an era of Decline

We'd better start planning for this unfamiliar world of declining resources and reducing energy, consumption, population.

Our existing economic system absolutly requires Growth. If growth stops, that is a catastrophy!

Watch it here (look at the options, you can get the video as well): https://postcarbon.webex.com/postcarbon/lsr.php?AT=pb&SP=MC&rID=34079247...