Let's pull back for a moment and look at the Really Big Picture:
We're facing a future in which the economic growth the world has enjoyed over the past century can no longer continue.
Over-indebtedness, mal-investment, cronyism, manipulation, and misguided policymaking have all certainly contributed to our current predicament. But the principal causes are much bigger. And much harder to address.
Simply put, we're entering an era when it's becoming increasingly difficult to obtain the resources we need -- at the cost we need -- to power the economic activity we need.
The trends of resource depletion, escalating mining & drilling costs, species die-offs, emptying aquifers, declining energy yields and the like are increasingly pitting the world's 7 billion people (soon to be 9 billion before 2050) against each other in competition for the remaining biomass and minerals that make industry possible.
As a result, massive changes to our way of life are in store. No matter where each of us lives.
This brand-new video shines a bright light on these trends and the risks we face as a result. But it also offers hope. If we take action now, while there's still time, there's much we can do not only to reduce our personal vulnerability to these threats, but also to step into this new future with newfound optimism:
For the best viewing experience, watch the below video in hi-definition (HD) and in expanded screen mode
//player.vimeo.com/video/98082156
click here to read the transcript
The above video is a condensation of the 4.5-hour long full Crash Course video series. The data and analysis underlying the material represent over a decade of intensive research and study. Over that decade, its forecasts have proved increasingly validated by events like the collapse of the housing bubble in 2007, the 2008 credit crisis and the anemic 'recovery' since, oil prices persistently over $100 per barrel, the five-fold rise in gold prices, and many other symptoms of an unsustainable world economy reaching its failure point. Sadly, the risks warned of in this video are very real, and they are arriving now.
Once you've finished watching the video, please share it with those whom you think would most benefit from it. The more people we wake up to its message, the more hands we'll have supporting us today in planning for tomorrow.
With thanks,
Chris Martenson PhD & Adam Taggart
This is a companion discussion topic for the original entry at https://peakprosperity.com/why-the-next-20-years-will-be-completely-unlike-the-last-20/
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