He runs PeakProsperity. He became vice president of a large international company and believed he had achieved the American Dream, living with his family in a large waterfront home in Connecticut. He was jolted out of complacency by the bear market of and used his background in finance to investigate the workings of our monetary system. What he discovered changed his life.
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If anyone knows of any, please send them my way. In recent years Martenson has developed a video seminar series called The Crash Course. The course proposes ways the economy, the environment, and energy are inter-related and questions their sustainability. The course concludes with suggestions for how to prepare for the massive changes to our way of life that Martenson believes could occur and may already be underway. The Crash Course is nearly 3.
Martenson is a talented presenter. He is easy to listen to, and the content of the course is simple to follow. His broad goal is to introduce and describe some of the more challenging sustainability problems we may face. These problems are serious and worth contemplating. If nothing else, The Crash Course provides an overview of them. Perhaps it is a good place to start learning about the issues of inflation, demographic change, peak oil, and others but it should not be the last.
That is to say, though his words and ideas are compelling, he does not and cannot present an airtight case for every claim. However, if you keep this in mind you may still obtain some value from his course. What I think Martenson is absolutely right about is that the future will not and cannot look like the past. But this has always been true. Human systems and institutions have evolved and will continue to do so. Just because something is not sustainable or scalable does not mean a crisis will occur.
No doubt, as Martenson suggests, we will at some point encounter severe economic, environmental, and energy-based crises. When will they occur, and how severe will they be? Nobody knows. It is therefore wise to consider such possibilities but not be overcome by them. It is wise to be reasonably prepared. Therefore, I recommend The Crash Course to anyone who has not yet read a great deal about the sustainability issues he discusses.
If nothing else, the course is a reasonable introduction from one perspective and may motivate viewers to pursue the topics further and to prepare for changes. Even if one does not fully agree with his perspective, Martenson at least surveys some important issues of our time and in a very accessible way. This is very reassuring. The world is running out of oil. Our debt is growing at an exponential rate. But it is one-sided. An open minded individual should recognize out of sample extrapolations for what they are: warnings of what could be, not what is guaranteed to occur.
If one assumes the latter it leads to a set of decisions that may not be sensible. Of course one never knows. At this rate in a few days snow will be above the roof of my house!!! Just because something is not sustainable does not mean it will inevitably lead to disaster. Things can change.
Perez on August 29th, at Mook: You are spot on. Frank has done an incredibly glib job of citiquing Martenson. His retort to you comparing debt and unfunded liability growth to a snowstorm is downright silly.
Exponential population growth is not going to change anytime soon. Oil is a dense source of energy that will be very hard to substitute. Western governments are accumulating budget deficits that are out of control, making their citizens financial slaves. Adaptation may be the key, but either way, economic growth is not going to continue for ever. The analogy about snow above is mixing apples with oranges. The economic and financial model used in western nations completely relies on perpetual economic growth, without it the model will change, we have no choice in the matter.
In the past, civilisations have collapsed for various reasons. Some of those reasons include financial problems, lack of energy food and environmental degradation. If anyone has some solutions, then they should inform those that have the power to make the shift in paradigm possible. You fail to grasp the inherent connectedness of the systems. People believing in an economic collapse are deemed doomers, meaning the alternative is business as usual economic growth, exponential oil use, increases in emissions.
If this continues, then the Earth collapses. Which is the real doomsday scenario? Peak oil will happen, and the more time that goes by before it does the worse off we will be. No large-scale preparations to speak of have been made, and I have very little faith in people esp. Americans changing their daily habits to suit even the most undeniable, apocalyptic, near-term forecasts. The oil situation could make it impossible for the global economy to continue.
The climate situation could make it impossible for human life to continue. Each can happen independently of the other two, and the last one results from the business-as-usual paradigm.
So, all the talk about peak oil and monetary policy to show that there is something wrong leads to a closed door with not a hint of what value this guy has. So, tell me what I can hope to gain from this site. What is the point. The guy is obviously very smart scientically, but also very people smart in that he figured out how to tease people very well. What is it all about … I need to know before I waste money on a scam.
Instead Martenson sounds consistently calm and helps you to keep track of the structure of his long message. Secondly, the public information on his website, outside the paywall, is not limited to these videos. This bears none of he hallmarks of a scam. I have advised many family members…all have — nots how to prepare and those that have already hit bottom — unemployed- that there are few jobs in the horizon and retool their approach to survival.
We spent the money just to see if more or better insights were available. FWIW, people waste more money than that on junk food … and then waste more money on diets books to undo the bad they did to their self in the first place. If you have watched the whole crash course series, you will know that Chris is saying one thing: It is better to be prepared for something that might not happen, than be ill-prepared for something that DOES.
The information presented is varied and useful and more in the nature of news and ideas rather than theory or fact. There are some occasional predictions though. But for value overall, I would say the free access to the Crash Course is unbeatable. Fundamentally wrong. Dangerously wrong. Extrapolations are guaranteed to occur unless conditions change. As long as current conditions and parameters remain the same, we can predict the outcome with virtual certainty.
The only time that will not happen is when new factors are introduced to change the conditions. The raw facts are, we as a society are not doing anything to materially change the conditions. I have come here to respond that first, criticism against chris is very few, and the ones i did read are very bad. He speaks about a general but true pattern,. One persons argument was that human adaptability and innovation will fix the problem.
In other words, the problem will magically fix itself. I can understand how technology might remove our dependence on oil and that population growth may decline with education on the matter, but the economic view of the situation is by itself is horrendous.
The way things are going, either the global economy will suffer or at least the US economy will suffer unless something is done. For free. Yes, he selects and interviews people whose views align with his own, but you know that going in, right? Murphy on August 7th, at I am an engineer and have spent most of my professional career doing technological forecasts for the govt. I met King Hubbert some time ago and know what he had to go through to get the oil companies to understand that any and all resources from the earth are extracted at a rate that follows a normal curve,And that knowing just the shape of part of the upside you could predict the peak.
Regardless of peak oil, there was a time not that long ago when the more oil you used, the cheaper it became. Materialism posits that material conditions, not individuals, shape history. Maybe we might dare to say that the reasons stories had to be invented to justify invasions of Iraq and Afghanistan, and why we would love to put another Shah in Iran, has something to do with keeping us on that exponential oil consumption curve a while longer.
That makes more sense than the reasons given. I hate to be blunt…. The Fed? The Eurozone? Witold: If you look into the Transition Movement, you will find that quite a few people, on a global basis, are organizing to survive what Chris believes to be close to inevitable.
The reasoning being that we are at a resource energy and mineral peak that requires more and more effort to extract less and less of the resource.
Chris Martenson’s Crash Course
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The Crash Course: The Unsustainable Future of Our Economy, Energy, and Environment