Tag Archives: prosperity

  • Blog

    The Trouble with Money

    by Chris Martenson

    Tuesday, April 17, 2012, 1:28 PM

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    A Broken Narrative

    Recently I was asked by a high school teacher if I had any ideas about why students today seem so apathetic when it comes to engaging with the world around them. I waggishly responded, “Probably because they’re smart.”

    In my opinion, we’re asking our young adults to step into a story that doesn’t make any sense.

    Sure, we can grow the earth’s population to 9 billion (and probably will), and sure, we can extract our natural gas and oil resources as fast as possible, and sure, we can continue to pile on official debts at a staggering pace — but why are we doing all this? Even more troubling, what do we say to our youth when they ask what role they should play in this story — a story with a plot line they didn’t get to write?

    So far, the narrative we’re asking them to step into sounds a lot like this: Study hard, go to college, maybe graduate school. And when you get out, not only will you be indebted to your education loans and your mortgage, but you’ll be asked to help pay back trillions and trillions of debt to cover the decisions of those who came before you. All while operating within a crumbling, substandard infrastructure. Oh, and by the way, the government and corporate sector appear to have no real interest in your long-term future; you’re on your own there.

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  • Blog

    True Prosperity

    by Chris Martenson

    Monday, April 9, 2012, 7:37 PM

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    Look, I hate to be the bearer of what many will consider to be bad news, but things are not ever going to go back to “normal.” I define “normal” as the period from 1950 to 2000 during which constant economic and slightly faster-than-that debt growth went hand in hand. Everybody in a position of power honed their skill sets during a period of time when the pie was reliably growing and the skirmishes centered around how best to lay claim to one’s own portion of the expansion.

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