Nicole Foss on finance and bubbles

This is the first film of 5 produced by Nicole Foss about the Peak Oil and Economic Crisis we are currently facing. The other 4 are in the main body of the post. The Automatic Earth’s co-editor Illargi has an interview in the “Words” section as an MP3.

In the new economy there were 3 types of people                                                
The have’s,                                                                                                                     The have not’s,                                                                                                              And the have-not-paid-for-what-they-have’s.        

Satyajit Das ; “Built to Fail”                                            

The following post features extracts from a Nicole Foss article in TAE from 2009  called “Renewable Power? Not in your lifetime.” calling on Nicole’s insights into her knowledgr of power systems and international finance.

It should also be remembered that a United Nations Report from February 2011, the “World Economic and Social Survey 2011” has put the financial cost of “repowering” the Green economy with renewables at between $15-20 TRILLION. This is discussed in the second post on this blog

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