As nations compete for currency advantages, they are also eyeing the world’s diminishing resources—fossil fuels, minerals, agricultural land, and water. Resource wars have been fought since the dawn of history, but today the competition is entering a new phase. Nations need increasing amounts of energy and materials to produce economic growth, but—as we have seen—the costs of supplying new increments of energy and materials are increasing. In many cases all that remains are lower-quality resources that have high extraction costs. In some instances, securing access to these resources requires military expenditures as well. Meanwhile the struggle for the control of resources is re-aligning political power balances throughout the world.
Counter-Intuition 101: Why Recent Bad Economic News Means It's Time For Working Less, By Juliet Schor
So what’s the alternative to slashing government programs, budget cutting, and more concentrated wealth at the top? The centerpiece of a new approach is to re-structure the labor market by reducing hours of work. That may seem counter-intuitive in a period when the mainstream message is that we are poorer than ever and have to work harder. But the historical record suggests it’s a smart move that will create what economists call a triple dividend: three positive outcomes from one policy innovation.
If you are able to move quickly as conditions change, this flexibility has its advantages. Losing your job is probably the biggest risk right now. Think about how you might deal with the situation. Also, we don’t know how things will change in the future. One area may be affected by a lack of water; another by an electrical system that no longer works, and can’t be repaired in any reasonable time frame, perhaps after a storm. If you are not too tied to where you are, you can make better decisions regarding changes.
10 Tipping Points Which Could Potentially Plunge The World Into Economic Nightmare, By Michael Snyder
The global economy has become so incredibly unstable at this point that it is not going to take much to plunge the world into a horrific economic nightmare. The foundations of the world economic system are so decayed and so corrupted that even a stiff breeze could potentially topple the entire structure over. Over the past couple of months a constant parade of bad economic news has come streaming in from Europe, Asia and the United States. Signs of an impending economic slowdown are everywhere. So what “tipping point” will trigger the next global economic downturn?
One of the conclusions that I try to coax, lead, and/or nudge people towards is acceptance of the fact that the economy can’t be fixed. By this I mean that the old regime of general economic stability and rising standards of living fueled by excessive credit are a thing of the past. At least they are for the debt-encrusted developed nations over the short haul — and, over the long haul, across the entire soon-to-be energy-starved globe.
The Global Energy Crisis Deepens: Three Energy Developments That Are Changing Your Life, By Michael Klare
As for the bad news: the world faces an array of intractable energy problems that, if anything, have only worsened in recent weeks. These problems are multiplying on either side of energy’s key geological divide: below ground, once-abundant reserves of easy-to-get “conventional” oil, natural gas, and coal are drying up; above ground, human miscalculation and geopolitics are limiting the production and availability of specific energy supplies. With troubles mounting in both arenas, our energy prospects are only growing dimmer.
Exclusive: Chris Martenson Interviews Arnie Gundersen: The Dangers of Fukushima Are Worse And Longer-Lived Than We Think
Since the initial days of the disaster at Fukushima, Arnie and his staff at Fairewinds have produced hands down, the most thorough, measured, accurate analysis of the unfolding developments there. A feat made all the more challenging by the frequent lack of information from TEPCO and the Japanese government and media. Now today, Arnie and I will talk about the latest state of the situation at Fukushima, which remains wholly unresolved and it’s quite troubling – we should keep our eyes on it. In addition, we are going to discuss what the important factors are for you to know, as well as what pragmatic preparations those of us who live in or near nuclear installations or countries that have them should really be doing.
Eckhart Tolle has explored this collapse of ego dominated structures in his writings and the dysfunctional egoic need for more, more, more, or infinite expansion, as the underlying cause. But the ego dominated structures of modern civilization are facing the “wall” of finite resources, and contraction or collapse is inevitable. Preparing emotionally and spiritually for this collapse will be the focus of our conversation with Carolyn.