The Crash Course: The Unsustainable Future Of Our Economy, Energy, And Environment Reviews
The Crash Course: The Unsustainable Long term Of Our Economic climate, Power, And Environment
- ISBN13: 9780470927649
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The up coming twenty years will be totally not like the last twenty years.The planet is in financial crisis, and there are no straightforward fixes to our predicament. Unsustainable trends in the economy, power, and the atmosphere have ultimately caught up with us and are converging on a quite narrow window of time—the "Twenty-Teens." The Crash Course presents our predicament and illuminates the path ahead, so you can face the coming disruptions and thrive--without having fearing the future or retreating into denial. I
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The Clock Is Ticking,
First of all, I loved this book. In my opinion, it is the best book on World problems since The Long Emergency written by James Howard Kuntsler. Actually it is better. For one, it is more comprehensive. The author goes way beyond energy and then he ties all of the problems together at the end of the book. Secondly, he supports his analysis with many charts and statistics which I find speak to me in a whole different way than narrative.
The amazing thing is that as a society, we are standing on the edge of a cliff about to fall off, we know it, but for some reason, we just do not have the will to do anything about it so far. We are not even having a national dialogue. Our leaders are aware of the problems but I guess they look back at President Carter who lost the next election after he said: finding new energy is the moral equivalent of war. I hope we wake up in time to tackle these issues because the alternatives are not good. That is the core subject of the well written and entertaining book.
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|WATCH THE MOVIE FOR FREE,
This is a truly exceptional book. The author does an amazing job of explaining our economic problems in a clear, concise, easy to understand, and interesting way. Most importantly, you will learn why, with our debt based monetary system, hyperinflation is inevitable.
The author of this book has also made a 3 hour video of The Crash Course that is a condensed version of the book. It, too, is excellent. This DVD is available from Amazon or you can view if for free on the author's website, ChrisMartenson.com . Of course, it's not possible for a 3 hour video to contain nearly as much information as the book. So, if you really want to be fully informed, you should read the book. However, while you are waiting for it to arrive in the mail, you can get a terrific overview by watching the DVD.
Basically, The Crash Course (book or DVD), in a very compelling way, makes two fundamental points. First, that our present rate of consumption of oil, when correlated against an increasing world population and increasing demand from the industrialization of third world countries, is simply not sustainable. In fact, it appears that we are currently at the precipice of there not being enough oil to meet the demand. And, when we go over the cliff, our standard of living will be diminished overnight. (Imagine having to spend 50 to 70% of your income food and gasoline.)
The second fundamental point made by the Crash Course is that our debt based monetary system must inevitably end with hyperinflation. The reason is that each year, enough new currency must be created to pay the interest on all of the previously created debt. As a result, there is an exponential increase in the money supply. It is like putting money in a savings account and letting the interest continue to compound year after year. For many years, your bank balance grows very slowly. But, you ultimately come to a point where even though the rate of interest is small, it is increasing your bank balance by amazingly large amounts each year. The author illustrates this with a graph shaped like a hockey stick. Well, it turns out that on this front, we are again at a precipice. In 2010, our government created more debt than the TOTAL of all the debt created in our history. In other words, we are on the verge of a financial Armageddon.
The author makes a compelling case for why the above outcomes are inevitable. And, based on the shortsightedness of our leaders, he is probably right. We've known about our problem of dependence on foreign oil for forty years and we haven't done anything significant to deal with it. However, I believe that there are technological solutions already in existence that would solve this problem. Unfortunately, it's not likely that we will employ any of them until AFTER the proverbial crap hits the fan.
With respect to the problem of having a debt based monetary system; the solution is not only simple, but proven. Change the system to a non-debt based monetary system and use non-debt created money to pay off the debt. Andrew Jackson did this and he not only balanced the budget, he also paid off 100% of the national debt. So, what do I mean by changing to a non-debt based monetary system? I'm talking about abolishing the Federal Reserve System and returning the power to create money to the Treasury Department where it belongs.
A complete understanding of the Federal Reserve System and why it is at the root of our economic problems is essential to a complete understanding of our economic problems. In this regard, The Crash Course falls a little short. This is not a criticism because, to fully explain this subject matter, another book is required. In this regard, I can recommend some excellent sources.
The Money Masters is very good video on this subject. It is available from Amazon or you can view it on YouTube.com by entering the title in the search bar. As for books, I recommend "The Creature from Jyklell Island" by G. Edward Griffin which is the most comprehensive book I've found on this subject. I can also recommend "End The Fed" by Congressman Ron Paul. This book does an excellent job of summarizing all of the moral, ethical, legal, and practical reasons for ending the Federal Reserve System. Last, and most important, is a book called The Naked Capitalist by W. Cleon Skousen. This book reveals the motives of the owners of the world's central banks and how they hope to wipe out the middle class and create a one world government. (I know, I know... This sounds like crazy conspiracy talk. Just take a look at this book's reviews and I think you will want to read it.)
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|It's Time to Get Serious.,
There are a limited number of good books that cover this very important topic - the relationship between population size, resource scarcity, and the competition that ensues from this struggle. And when this "struggle for existence" is tied together with major advances in medicine and relative world peace; the effect has been low fertility rates in democratic countries, people living much longer lives, and an unprecedented world wide population surge. Without what had been the traditional population checks in place (war, disease, and famine) the consequences will be devastating. The first person to have achieved any understanding of, and notoriety for articulating, this reality was Rev. Thomas Malthus with his, An Essay on the Principle of Population (Oxford World's Classics). And that was first published in 1798! The complete and total lack of those in political power to develop mechanisms to deal with this problem is the single greatest tragedy to befall the civilized world. Now, I simply said that to say this: Chris Martenson's book, The Crash Course, is the best book pertaining to this dilemma I have ever (yes, ever) read - and the most important book published since Garrett Hardin's, Living within Limits: Ecology, Economics, and Population Taboos, or Jared Diamond's, Collapse: How Societies Choose to Fail or Succeed: Revised Edition. I believe this for two primary reasons. First, everything I read in this book is factually accurate, sincerely delivered, and vitally important. Secondly, and what is honestly more important, the presentation is magnificent. Perhaps it is from Dr. Martenson's experience with developing the material, and making presentations over the years, but as Randy Olsen pointed out in, Don't Be Such a Scientist: Talking Substance in an Age of Style, presentation is (practically) everything. Here are some great quotes (from just the first twenty pages!):
- "In truth, our predicament goes far deeper than even these recent, disquieting economic events might suggest. It's time to face the facts: A dangerous convergence of unsustainable trends in the economy, energy, and the environment will make the "twenty-teens" one of the most challenging decades ever. The Crash Course explains this predicament and provides sufficient context to support the idea that it is well past time to begin preparing for a very different future."
- "The big story is this: The world has physical limits that we are already encountering, but our economy operates as if no physical limits exist. Our economy requires growth. I don't mean that growth is "required" as if it's written in a legal document somewhere, but it is "required" in the sense that our economy only functions well when it's growing. With growth, jobs are created and debts can be serviced. Without growth, jobs, opportunities, and the ability to repay past debts simply and mysteriously disappear, causing pain and confusion...It is only when we assemble the challenges we find in the economy, energy, and the environment - which I call "the three E's" - into one spot that we can fully appreciate the true dimensions of our predicament. The next 20 years are going to be shaped by fundamental resource scarcity in ways that we have never experienced in history. The developed world is entering this race economically handicapped, with no one to blame but itself."
- "The mission of this book is larger than helping people build more resilience into their lives and portfolios. At our current pace, we are on track to leave behind more than a few predicaments for our children, as part of a substantially degraded world with fewer opportunities than we ourselves were granted. If we make the right choices from this point forward, we have the opportunity to leave a very different legacy. This is what The Crash Course is about - helping us to individually and collectively understand that our choices matter significantly and that the time to make the right choices is running dangerously short."
- "We cannot beat around the bush on this "third-rail" topic any longer: We need to stabilize world population at a level that can be sustained. If we don't, then nature will do it for us, and not pleasantly, either. This means stabilizing world population in perpetuity, not only for a little while longer. We may not know what this stable level is just yet, and more study is certainly needed, especially in light of declining energy resources. But we should do everything we can to avoid badly overshooting the number of humans that can be sustainably supported on our planet while carelessly avoiding an examination of the role of petroleum in...
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