KunstlerCast #73: The Horse Latitudes of Our Economy

KunstlerCast - Conversations: Converging Catastrophes of the 21st Century · Jul 30, 2009 · 33m

James Howard Kunstler believes that the consumer credit economy is over and that we are now moving on to the next phase of the U.S. economy. Kunstler provides some historical context on our current global economy and muses on the relationship between over-complexity and diminishing returns, which he believes is the "hallmark of all civilizations that come to grief."