An ongoing economic crash that feels like the onset of a deep freeze is far more exhausting than a rapid implosion. As bubbles are reflated and debts accumulate yet again, the system lurches towards its next financial accident. While the global operating system fails, can the exchange of critical goods and services detach from failing currencies? Does the international financial system retain any value if people no longer need it?
In Extraenvironmentalist #70 we catch up with Nicole Foss and Laurence Boomert on their tour across North America as they speak with communities about preparing for hard times. Nicole and Laurence highlight community initiatives that can help people meet basic needs, even as monetary institutions pursue desperation measures. Then, John Michael Greer joins us [88m] to answer a few listener questions and to highlight the lack of whole systems thinking in internet visionaries after Seth and Justin discuss the money illusion.
Local Dollars, Local Sense by Michael Shuman
Inquiries Into the Nature of Slow Money by Woody Tasch
The Money Illusion by Irving Fisher
// News and Other Items Discussed
Freicoin - the demurrage based cryptocurrency
// Extended Clips (in order of appearance)
[Break] - 35m
Consum-oholic zombies fed big debt transfusion
Living Debt: Rising costs in UK force millions to borrow
Bartering to survive in Spain
I'm broke, let's barter - Greece's new alternative economy
// Music (in Order of Appearance)
Dorothy Morrison - Rain (Bobby Busnach Make it Rain Remix)
Skeewiff - Man of Constant Sorrow
Ed Sheeran - I See Fire (Kygo Remix) via Earmilk
ZZ Ward - 365 Days (Jerry Folk Remix) via Jaqui
Fredico Aubele - Somewhere Else
// Production Credits
Our correspondent and editor Kevin via Sustainable Guidance Youtube Channel
Kevin in CA for the Filter Bubble Wrap at the end
Episode art: Wall Street in 1929, one week before the Black Friday crash. People gather due to high volume of trading.
This show was supported by donations from our generous listeners:
Danny in New Orleans
Patrick in Oregon
Eric in DC
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