TNP55: Nicole Foss on How To Build A Lifeboat

International energy and finance analyst, Nicole Foss, breaks it down for us: what is really coming down the road in terms of systemic financial collapse and how do we personal prepare and cope with it. Can we talk for a minute about the escalating consequences of debt? How about the unsecured loans we're making to the banks (ie: keeping our savings there)? We run some scenarios.

 

We also talk about the importance of social capital in the midst of a long drawn-out crisis. This conversation is definitely thought-provoking. For more in-depth review, read the cited post, How To Build A Lifeboat.