Topic: Expectations

[ 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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[ Episode #38 // Hard Times ]

Debt is placing a stranglehold on the global economy, restricting the ability for growth to occur at a rate fast enough to prevent the monetary system from unraveling. To delay a massive deleveraging, governments are turning on the central bank taps to fill the system with liquidity. With severe structural issues that continue to avoid inclusion in the political discourse, can ordinary people prepare to maintain control over their assets to ensure success of future decentralization initiatives? How is preparing for this world different for our generation than for our parents?

In Extraenvironmentalist #38 we talk about living in hard times with Nicole Foss of The Automatic Earth. Nicole tells us about the Canadian housing bubble and why the initial collapse might just be faster than the one America experienced in 2005. Seth and I ask about what life was like in the Great Depression and how the process of labor exploitation may continue into the near future. We ask Nicole if misunderstandings about economic collapse could have us preparing for the wrong thing.

Also, we get to meet our blog editor Louisa Clarence-Smith who tells us about WWOOFing and her experiences working on farms in Scotland and Italy.

For more from The Automatic Earth, check out our interview with TAE writer Ashvin Pandurangi back in XE #13.


 

// Music (in order of appearance)
St. Lucia - All Eyes on You via Soundcloud
Cody ChestnuTT - Under the Spell of the Handout via Indieshuffle
Phil Collins - In The Air Tonight (Cosmo Black Remix)  via Hard Candy
Alpine - Hands (Goldroom Remix) via Fader
ANDREYA TRIANA – Lost Where I Belong (Banks Remix) via Aerial Noise

// Extended Clips (in order of appearance)
[First Break]
Sunshine and Eclipse
Rioting Across America During the Great Depression
Stories From the Great Depression
[Second Break]
Making a Difference: Rebuilding From a Tornado
Bill McKibben: Rebuilding Community
[End]
Jiddu Krishnamurti - Fear

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[ Episode #33 // Year of Jubilee ]

Expectations for the year 2012 A.D. have grown from tales of Mayan calendrical cycles and timewaves. Were there truly ancient prophecies describing catastrophes in the coming year? Is a change in human consciousness imminent as human novelty reaches its concresence? What if the global consciousness shift we've all been asking for is barreling towards us as a complete transformation in the way we think about our economy?

In Extraenvironmentalist #33 we move through all the themes for the next 365 days: from Mayans to timewaves to economic collapse and debt retribution. Our journey begins with Patricia McAnany to learn the truth about the connection between the Mayan Calendar and 2012. Next, we speak with Dennis McKenna about his brother's legacy as we enter the year Terence popularized as a potential date for the eschaton and the cultural singularity. Then, Mike Ruppert articulates the trends converging as an economic collapse, threatening to disrupt the commercial goods we rely on. Lastly, Charles Eisenstein describes the necessity for a debt jubilee to relieve the burden crushing our national economies.


 

// Interviews

7'35" | Patricia McAnany on Mayan 2012 Prophecy
34'30" | Dennis McKenna on Terence McKenna and the Timewave
55'08" | Mike Ruppert on Collapse
88'25" | Charles Eisenstein on Debt Jubilee

// Music (in order of appearance)
Birdy - Young Blood (Naked and the Famous Cover) via Blahblahblahblahscience
Adam and the Amethysts - Prophecy  via The Music Ninja
Counting Crows - Colorblind (Oliver Schories Edit)  via The Music Ninja
Sophie Trilby - Guardian (2012)
Memoryhouse - This Will Be Our Year (The Zombies Cover) via Pretty Much Amazing

// Extended Clips (in order of appearance)
Alan Watts on the Great Depression
Zizek on The Silent Voice of a New Beginning

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[ Episode #32 // Apocalypse Never ]

Even though we live in an age of economic decline and collapse, do our expectations for the future act similarly to the thought patterns of religious faiths expecting the end of the world?  For the last 3,000 years, our species has used the meme of apocalypse to create the expectation for a utopia that never arose. Beginning with the Zoroastrian religion, the monotheistic faiths have contained the notion of an end to the world. Our historical record contains many events where a date was set and nothing happened. How did it feel to be one of those that had sacrificed everything to be swept away by a deity that never arrived?

In Extraenvironmentalist #32 we speak with John Michael Greer about his latest book, Apocalypse Not: Everything You Know About 2012, Nostradamus and the Rapture are Wrong. We ask John about the historical context of monotheistic religions, where the apocalypse meme began and its implications in our expectations for the future. We ask if the world is going to end in 2012 and JMG explains how David Icke's evil space lizards are involved. Did Seth really see George W.Bush metamorph into a lizard? If he didn't, what happens when we reach the end of the current Mayan calendar long count?


 

 

// Music (in order of appearance)
Feist - How Come You Never Go There via Pretty Much Amazing
Jagwar Ma - Come and Save Me  via Pigeons and Planes
Gruff Rhys - Post Apocalypse Christmas via Some Kind of Awesome
Nadastrom vs. Echo - Church via Chorus+Echo
Coldplay - The Scientist  (Demitri Vangelis and Wyman need Howie's thin mint cookies remix) via Mufasas Revenge

// Extended Clips (in order of appearance)
Alex Jones: David Icke is the turd in a punchbowl
Austerity hits the Dead and Santa Alike
A Recession Christmas
Is China's Economy Collapsing?

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[ Episode #30 // Austerity + Hope ]

Through the transfer of private debt to balance sheets of governments around the world, we've entered an age of austerity where citizens are experiencing drastic cuts to basic necessities. Civil unrest has resulted from people demanding that corporate greed should be punished instead of individuals. As the Occupy movement reaches a transition point, have we witnessed the spark of global anti-captialist movement or has it just been a brief glimpse of the anger developed from decades of economic injustice? Are there true reasons for hope with an increasing number of youth facing diminished opportunities for participating in the promises that capitalist markets once offered? Is this truly a turning point in history? If so, what does it mean to live in the midst of a global revolution?

In Extraenvironmentalist #30 we speak with David McNally about themes from his book Global Slump: The Economics and Politics of Crisis and Resistance, that draw on examples of successful populist uprisings around the world to demonstrate that in the Western world we too have options for resisting the tyranny of an age of austerity. We discuss the natural evolution of the Occupy movement and the potential to ensure that the movement grows while keeping food on the table and meaningful work available for the unemployed. Have elites secretly been preparing for unrest as they use taxpayers to bail out an unsustainable industry built on the pipe dream of perpetual growth? Are youth willing to accept their role as movement builders instead of iPhone owners?


 

 

// Music (in order of appearance)
Pretty Lights - Finally Moving via Et Musique Pour Tous
Hezekiah Jenkins - The Panic is On  via Ghostcapital
Makana - We Are The Many
Connor Youngblood - Will You Be There (Michael Jackson Cover) via Pigeons and Planes
Aarab Muzik - Let it Go via SkeetBeatz

// Extended Clips (in order of appearance)
America's New Poor Fending for Food Stamps
Doug Stanhope - Fear in the US News Media
Steve Keen on BBC Hardtalk
WBEZ on Oligarchy: How the Super Rich Defend Their Wealth
Public Sector Workers Strike in the UK

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[ Episode #25 // Saving Money ]

Is it more practical to learn permaculture than to earn a business degree? As financial markets sell off around the globe and world leaders scramble to prevent national defaults from collapsing the global economy, today's youth are certain to live through a massive shift in the monetary paradigm. An education system that prepared us to receive jobs in a consumer economy injured our ability to truly learn and now we face the insult of entering a bleak job market. Is money real or is it based on societal myths? Can a monetary system built on collaboration rather than competition create a society that amplifies the positive aspects of human nature? As Mike Ruppert says: until we change the way money works, we change nothing.

In Extraenvironmentalist #25 we speak with Charles Eisenstein about his new book Sacred Economics which explains how to save the concept of money from being subject to our outdated understanding of human nature and simplistic mechanistic models of the physical world around us. While the social unrest sweeping from Cairo to Athens to Barcelona to New York is disrupting monetary dynamics can it also create an applicable positive vision? Charles explains how a negative interest currency and an economic model that integrates equity and ecology can end what we perceive to be the human nature emphasized by our current currency. Can we accept that the failure of money isn't the end of the world but that it is an opportunity to reorganize?


 

// Music (in order of appearance)
Zeds Dead - Coffee Break via The Music Ninja
MGMT - All We Ever Wanted (Bauhaus Cover) via Stereogum
Michita - November via Earmilk
HEALTH - Goth Star (Pictureplane Cover) via Gorilla vs. Bear
Beatles - Eleanor Rigby (Butch Clancy Remix) via Dubtunes

// Extended Clips
Fiat Money via Renegade Economist
Trader Interview on BBC
Occupy Boston

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[ Episode #19 // Crash Course ]

The debt crisis engulfing American political discourse is just the realization of a financial and economic reality that has been playing out for several years resulting from decades of economic policy. Now that the unsustainable nature of our national economy can no longer be ignored how will ordinary people in the United States handle such an awakening? Does this divergence from consumption, saving for retirement and planning to buy a house present a unique chance for our generation to have a new definition of what constitutes a meaningful life? Even if the US avoids default in the next few months, are we just postponing a larger crisis down the road?

In Extraenvironmentalist #19 we speak with Chris Martenson about The Crash Course, his video series that introduces the economic, energy and environmental challenges of the near future. Chris has also just released The Crash Course as a book that comprehensively details the core issues facing our planet and modern industrial economies. We talk with Chris about his transition from medical researcher and corporate executive into sustainability advocate and economic journalist. Our discussion covers his predictions for the currently unfolding debt crisis in Washington, DC that threatens to bring America to default and the ability for our generation to take advantage of the numerous opportunities we'll be presented with in the tumultuous times ahead. All while Seth enjoys a delicious garden fresh tomato.

 

// Music (in order of appearance)
Gramatik - Moar Jive via The Music Ninja
John Denver - Country Roads (Pretty Lights Remix) via Sunset in the Rear View
Note: we think it's so nice we used it twice; as it's also in #18
Widowspeak - Wicked Game (Chris Isaak Cover) via IndieShuffle

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[ Episode #13 // Debt-Dollar Discipline ]

Does our currency drive participation in a disciplinary system that conditions a consumer society? Surplus goods created by industrial production require an acceptable set of behaviors, reinforced by a financial establishment of rewards and punishments. Though the people reliant on disciplinary institutions are used to playing by the rules, what happens when the game changes suddenly?

In Extraenvironmentalist #13 we speak with Ashvin Pandurangi, writer for The Automatic Earth on his series of articles that describe the Debt-Dollar Discipline, the global system of currencies backed by the U.S. Dollar that define the choice sets available to us. We ask about how finance, currency, education and our institutions create a rigid disciplinary guideline. Ash, Seth and Justin ponder the question of whether a global system that slowly empties its gas tank can handle a rapid disintegration and a population in developed nations accustomed to discipline.

A SPECIAL THANKS TO: Mr. Thomas Bevan for his magical performance in singing about the Titanic.

BEFORE APRIL 14th: Vote for Justin's video in the OECD's 50th Anniversary Challenge to redefine economic progress

 

// Music (in order of appearance)
Daughter - Run via The Music Ninja
Malvina Reynolds - Little Boxes via Dangerous Minds #18
Lanu - Beautiful Trash (feat. Megan Washington) via SoundCloud
Anomie Bell - How Can I Be Sure via IndieShuffle

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