For the regular August meeting of Transition Ferndale (7:00 pm on Wednesday, August 20 at the Ferndale Public Library, 222 E. Nine Mile Road, Ferndale, MI), we’ll be watching Chris Martenson’s “Accelerated Crash Course” video, and discussing it after the viewing. What’s it about? Well, it’s about the root causes of the prolonged economic crash we’ve been experiencing at least since the fall of 2008.

You can watch it at home before the meeting at http://www.peakprosperity.com/crashcourse/accelerated, and decide if it’s something you would like to discuss, or of course, you can just come to the meeting and see it for the first time.

Sorry for the late announcement. I’ve been distracted. Like about half the people in this area, I’ve been dealing with a basement that contained close to a foot of backed-up sewage last Monday night. Now there are piles of carpeting, former furniture and bags of miscellaneous ruined stuff sitting at my curb, and a return to something like normal is at least a plausible future secnario.

Unfortunately for us all, the new normal includes more superstorms, more economic failure and generally more turmoil, as Chris’s video makes clear. To quote Mr. Martenson: “… the next twenty years are going to be completely unlike the past twenty years.”

The question for us is, “What should we be doing about it?” And that’s what we’ll be discussing.

Chris Martenson’s early career was that of a Wall Street whiz kid who made lots of money early in life. He learned, from this experience, that the ideas about economic growth he was expected to sell to his clients were deeply flawed; that there are physical and biological limits to growth on our finite planet, limits that must be ignored or denied in order to believe in continuing economic growth in the pattern of past economic growth.

It’s a different way of coming to pretty much the same conclusions as people who start out concerned about environmental degradation including climate change. It’s also very like conclusions reached by people who start out with concerns about the social and economic injustice of wars for oil. Because it is a different approach, those of us who start from a very different point of view than being a Wall Stree investor can learn from it.

It should be an interesting discussion. It’s free and open to the public. We’ll supply some light refreshments – not a good substitute for dinner, but enough to keep you going until you can get to a proper dinner.

Art Myatt

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