KunstlerCast 269

KunstlerCast - Conversations: Converging Catastrophes of the 21st Century · Aug 4, 2015 · 41m

Also known as Steve From Virginia, this week’s guest has a unique take on the nexus of energy, capital, and the destiny of industrial civilization. Steve writes: “The credit regime is falling apart under the weight of its own costs, not just in Europe. Government issue money ends a monopoly over a vital private good so that it becomes a public good, in this way the power of the banks to run our affairs is reduced. As a necessary component of this effort, the establishment must hold the financiers accountable for their crimes and negligence. The present conditions and schemes cannot be endured…