Holistic Survival Show - Economic Crisis
HS 267 – How to PROSPER! As the World Falls Apart with Chris Martenson
Chris Martenson, PhD (Duke), MBA (Cornell) is an economic researcher and futurist specializing in energy and resource depletion, and co-founder of PeakProsperity.com (along with Adam Taggart). He is also author of the book "Prosper!: How To Prepare for the Future and Create a World Worth Inheriting" As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar: The Crash Course which has also been published in book form (Wiley, March 2011). It's a popular and extremely well-regarded distillation of the interconnected forces in the Economy, Energy and the Environment (the "Three Es" as Chris calls them) that are shaping the future, one that will be defined by increasing challenges to growth as we have known it.
Key Takeaways:
[4:22] How Brazil's debt and dropping commodity prices are destroying the nation
[8:10] Japan's population peak and what will become of their nation once all the youth leave
[12:21] What would actually happen to our economy if we actually normalized interest rates
[19:26] How exposed banks might be because of their use of derivatives
[24:57] Unsustainable trends that are going to have to stop, but when will the ball drop?
[30:52] Why Chris has been out of the market for a few years and when he'll consider getting back in
[34:00] The coming robotic revolution and how it will reshape our society
[37:12] What's going to happen by 2030 that should really make us consider what we're investing in as a country
[40:35] Why emotional capital is going to be so important moving forward
Website Mentioned:
www.peakprosperity.com