Topic: Black Market

[ Episode #50 // Markets By Other Means ]

Developed nations find themselves stuck in economic quicksand as the status quo is maintained through debts on sovereign balance sheets. Over the last few decades of rapid economic expansion, each country bet on the continued story of globalization that narrates Tom Friedman's dreams each night. As the developing world sees our folly, will they choose a different path? Do their informal markets signal a true alternative to centrally planned economies? Or is the System D economy a symptom of complexity collapse in a world where seven billion humans are fighting for basic necessities?

In Extraenvironmentalist #50, Robert Neuwirth tells us how supply meets demand in the informal markets employing as many as 2/3 of the world's population. Does this System D economy provide the blueprint for an economic system that could exist in developed nations as governments breakdown from debt overhangs and peak complexity? Robert tells us about his journeys through the global trade networks of System D as he wrote the Stealth of Nations in Paraguay, Nigeria, China and more. Then, international business man of mystery Simon Black [1h 11m] joins us to talk about his travels to as many as 60 nations each year. He updates us on the breakdown of Europe and the United States while describing the economic optimism he's seeing in Africa, Southeast Asia and South America. Last of all, John Michael Greer [2h 03m] takes a break from his hiatus on The Archdruid Report to answer your questions.

You can follow Robert's writings online @robertneuwirth and his blogs on Squatter Cities and the System D economy.

// Music (in order of appearance)

Civil Twilight - River (Ra Ra Riot Remix) via The Music Ninja
Bob Seger - Night Moves (Niko Pusch Bootleg Remix) via Soundcloud
Michael Jackson - We're Almost There (DJ Spinna Remix) via Et Musique Pour Tous
Elle Goulding - Anything Could Happen (Blood Diamonds Remix) via Salacious Sound
Van She - Idea of Happiness (Robotaki Remix) via Too Many Sebastians

// Extended Clips (in order of appearance)

[Break] - 30m
Robert Neuwirth reads fromThe Stealth of Nations

// Production Credits
Kevin via Sustainable Guidance Youtube Channel
Chris Hehn // Graphics Work

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[ Episode #49 // Developing Breakdown ]

Central banks are undertaking unprecedented actions to keep the monetary system from unraveling. Despite unlimited Quantitative Easing and wealth transfers between Europe's economies, growth has yet to return and debt is demanding to be serviced. This process is stretching the banking system to its limit. What happens when the pretense is dropped and money loses its full faith and credit? As the global economy continues its slowdown, are there people preparing for life after the global credit system falls apart?

In Extraenvironmentalist #49 we speak with Dmitry Orlov about the developing systemic breakdown threatening to destroy the global credit system. Dmitry describes his view of the mortal blow to globalized trading and discusses ideas of how society would transform after it evaporates.  We ask Dmitry about those who may be best prepared for the financial system to go broke. To find out more about people prepared for a world without money, we speak with photographer Lucas Foglia [1h 19m] who tells us what it was like to capture the lives of those dropping out of society for his book A Natural Order. After we hear from the people in Lucas' work, we play a discussion from CNBC with Marc Faber [1h 52m] where he echoes the sentiments of Dmitry and those living off the grid.

// Music (in order of appearance)
The Kooks - Runaway (Lonsdale Boys Club Remix) via Golden Scissors
Richard House and the Five Fellows - You Can Do a Lot of Living on a Credit Card via WFMU
Imagine Dragons - Radioactive via The Music Ninja
POP ETC - Everything is Gone via Et Musique Pour Tous
Corb Lund - Down on the Mountain via Corb Lund
Muse - Unsustainable via Soundcloud

// Extended Clips (in order of appearance)

[Break] - 25m
Andy Zaltzmann on the Global Economy

[End]
Frank as recorded by Lucas Foglia

// Production Credits

Josh Balik // Production Assistance
Chris Hehn // Graphics Work

 

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