Chapter 12 - Debt Economy, Energy, Environment » Crash Course
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Chapter 12 - Debt
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Economy, Energy, Environment » Crash Course 
Chapter 12 - Debt 
Chapter 12 (Debt): Dr. Martenson explains how, since debt is a claim on future money, it is therefore a claim on future human labor. To put it simply, debt is future consumption taken today. Key Concept 7 is introduced, that "ever-growing debts implicitly assume that the future is going to be larger than the present." Dr. Martenson challenges this assumption, and what it means for us if that condition of growth is not met. Click below for Chapter 13 - A National Failure to Save 
http://www.holisticliving.co.nz/members/holisticliving/video... 
PeacefulWarrior 
2009-04-24 06:18:55 
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Chapter 12 - Debt Economy, Energy, Environment » Crash Course