Book Review: The Crash Course

 

“The next twenty years will be completely unlike the last twenty years.

The world is in economic crisis, and there are no easy fixes to our predicament. Unsustainable trends in the economy, energy, and the environment have finally caught up with us and are converging on a very narrow window of time—the “Twenty-Teens.” The Crash Course, by Chris Martenson (Phd),  presents our predicament and illuminates the path ahead, so you can face the coming disruptions and thrive–without fearing the future or retreating into denial. In this book you will find solid facts and grounded reasoning presented in a calm, positive, non-partisan manner.

Our money system places impossible demands upon a finite world.  Exponentially rising levels of debt, based on assumptions of future economic growth to fund repayment, will shudder to a halt and then reverse. Unfortunately, our financial system does not operate in reverse. The consequences of massive deleveraging will be severe.

Oil is essential for economic growth. The reality of dwindling oil supplies is now internationally recognized, yet virtually no developed nations have a Plan B.  The economic risks to individuals, companies, and countries are varied and enormous. Best-case, living standards will drop steadily worldwide. Worst-case, systemic financial crises will toss the world into jarring chaos.

This book is written for those who are motivated to learn about the root causes of our predicaments, protect themselves and their families, mitigate risks as much as possible, and control what effects they can. With challenge comes opportunity, and The Crash Course offers a positive vision for how to reshape our lives to be more balanced, resilient, and sustainable.”

The Crash Course is an intriguing, yet ominous book. It highlights an issue we all seem to know exists, yet do not want to face. The issue facing us is the fact that the world’s resources are limited. Sounds like common sense, however we as a species do not seem to understand this basic principle. The best example of this can be seen from most business models and economic theories that seem to forget to acknowledge the fact that unlimited growth is not an actual thing. Growth cannot be unlimited as long as resources are scarce. There will be a point where humanity surpasses the bounds of the earth. Once this occurs, many very difficult decisions will have to be made that will lead to a great deal of suffering in order to “reset” the balance.  The Crash Course offers ways to change society’s course, as well as tips for individuals and families to follow in order to prepare.

Regardless of your opinions on the matter of scarce resources and the course of the economy and society, this is a great book to show another opinion that is based in fact. Policy makers, take heed.

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