Jul 28, 2009 3:35 PM GMT The lack of resources will eventually force us to make the switch from a credit-based system to an equity-based system. Instead of possessing Mini-Coopers, we'll have access to Mini-Coopers. When we stay at short-term lodging, the capital cost of the stay will go into a capital account -- our own -- rather than going towards debt service and building up equity for investors who are taking huge risks due to the prevailing capital structure. Boomer retirement funds -- indeed, all retirement funds -- have up to this point gone towards making a few folks and their interior designers ultra-wealthy. It's not sustainable and it's not even that gratifying.
Those who are mindful are beginning to realize that only an entirely
new operating system can prevent the collapse of civilization. However,
to date, no one has presented such a system. This presentation outlines
a system that has the potential to serve as a viable replacement for
the current paradigm.