The legendary investor Jim Rogers (via CNBC), known for sniffing out global trends worthy of investment, lets loose:"I think it's astonishing, they're [the big bankrupt banks and their government enablers] ruining the US economy, they're ruining the US government, they're ruining the US central bank and they're ruining the US dollar... You are watching something in front of our eyes, very historically, which is basically the destruction of New York as a financial center and the destruction of America as the world's most powerful country. The idea that you have too much debt, too much borrowing and too much consumption and you're going to solve that problem with more debt, more consumption and more borrowing? These people are nuts. Power is shifting now from the money shifters, the guys who trade paper and money, to people who produce real goods. What you should do is become a farmer, or start a farming network."
He's getting to the nut of the idea behind resilient communities.
Tuesday, March 3, 2009
From John Robb's Global Guerrillas blog: