Uploaded May 2020 | Updated September 2026, 54 minutes ago
Forecasting the future is not always pleasant, especially when there are big, unexpected and unwelcome changes ahead.
In this 16+ minute clip, part 2 of 10 of a 180 minute discussion, futurist Nicole Foss and teacher Aaron Wissner discuss the size of the housing market and pension fund collapse that started when the everything bubble burst in 2020.
In this series, Aaron Wissner and Nicole Foss delve all the way into history, science, economics, psychology, and the future to try to figure out the direction and possibilities of the future.
Related terms include: Property Prices, Loans, Assets, Mortgages, Ratcheting Down, Price Discovery, Renovations Industry, Illiquid, Distressed Properties, Forced to Sell, Bubbles, Financial Asset Bubbles, Accelerating Timescale, Housing Market, Undershoot, Correction, Self Liquidating Debt, Consumption, Income Stream, Speculation, Gambling, Financial Assets, Casino, Trading Algorithms, Excess Claims, Contracts, Derivatives, Options, Quadrillion, Pension Funds, Chasing Yield, Land-filling Toxic Waste, Chasing Risk, Income, Capital, Underfunded, Deflation, Interest Rate, Negative Equity, Market Crash, Unemployment, Bargaining Power, Banking Crisis,
Part 1 of 10 is here: youtu.be/0Ao16bAVTTM
Aaron and Nicole talked 17-days earlier here: youtu.be/yjbw4LeZBBw
"Nicole Foss answers Aaron Wissner's questions about seeing it from a distance, the "Big Unraveling" that the world is going through right now, prospects for the near future, as well as the possibilities for the Local Future beyond.
"A key point is that, without knowing what all could happen in the world of finance, it is very difficult to predict timing of things. Nicole has been vocal about the coming unraveling for many years, but without knowing the timing, sounding the alarm is at best planting seeds in many, seeds that may be starting to grow."
*****
About Nicole Foss
Nicole M. Foss is co-editor of The Automatic Earth, where she writes under the name Stoneleigh. She and her writing partner have been chronicling and interpreting the on-going credit crunch as the most pressing aspect of our current multi-faceted predicament. The site integrates finance, energy, environment, psychology, population and real politik in order to explain why we find ourselves in a state of crisis and what we can do about it. Prior to the establishment of TAE, she was previously editor of The Oil Drum Canada, where she wrote on peak oil and finance.
Foss runs the Agri-Energy Producers' Association of Ontario, where she has focused on farm-based biogas projects and grid connections for renewable energy. While living in the UK she was a Research Fellow at the Oxford Institute for Energy Studies, where she specialized in nuclear safety in Eastern Europe and the Former Soviet Union, and conducted research into electricity policy at the EU level.
Her academic qualifications include a BSc in biology from Carleton University in Canada (where she focused primarily on neuroscience and psychology), a post-graduate diploma in air and water pollution control, the common professional examination in law and an LLM in international law in development from the University of Warwick in the UK. She was granted the University Medal for the top science graduate in 1988 and the law school prize for the top law school graduate in 1997.
Bio snipped from Happen Films: "Economist Nicole Foss is co-editor of The Automatic Earth. Here she provides easy-to-understand answers in response to questions on peak oil, financial crisis, energy descent, resilience, community, and simple living."
Very nice looking and sounding interview with Nicole from about five years ago, again via Happen Films:
youtube.com/watch?v=AdNvmIfyQPY
Other search results on YouTube -- notice a number of the most recent results are just reposts of earlier recordings:
youtube.com/results?search_query=%22nicole+foss%22+-tug+-shop+-piphany+-%22dominic+green%22&sp=CAI%253D
theautomaticearth.com/tag/nicole-foss
theautomaticearth.com/author/stoneleigh
About Aaron Wissner
Aaron Wayne Wissner is the founder of Local Future, a 501(c)(3) tax-exempt educational non-profit and a teacher of 25+ years. His mission is to help people, and humans as a whole, to have accurate, truthful, and relevant information so they can survive and thrive, no matter what the future holds.
facebook.com/aaron.wissner.9
youtube.com/user/newculture
lifeishnowish.blogspot.com
First Uploaded 202004301900 UTC Aaron Wayne Wissner
Forecasting the future is not always pleasant, especially when there are big, unexpected and unwelcome changes ahead.
In this 16+ minute clip, part 2 of 10 of a 180 minute discussion, futurist Nicole Foss and teacher Aaron Wissner discuss the size of the housing market and pension fund collapse that started when the everything bubble burst in 2020.
In this series, Aaron Wissner and Nicole Foss delve all the way into history, science, economics, psychology, and the future to try to figure out the direction and possibilities of the future.
Related terms include: Property Prices, Loans, Assets, Mortgages, Ratcheting Down, Price Discovery, Renovations Industry, Illiquid, Distressed Properties, Forced to Sell, Bubbles, Financial Asset Bubbles, Accelerating Timescale, Housing Market, Undershoot, Correction, Self Liquidating Debt, Consumption, Income Stream, Speculation, Gambling, Financial Assets, Casino, Trading Algorithms, Excess Claims, Contracts, Derivatives, Options, Quadrillion, Pension Funds, Chasing Yield, Land-filling Toxic Waste, Chasing Risk, Income, Capital, Underfunded, Deflation, Interest Rate, Negative Equity, Market Crash, Unemployment, Bargaining Power, Banking Crisis,
Part 1 of 10 is here: youtu.be/0Ao16bAVTTM
Aaron and Nicole talked 17-days earlier here: youtu.be/yjbw4LeZBBw
"Nicole Foss answers Aaron Wissner's questions about seeing it from a distance, the "Big Unraveling" that the world is going through right now, prospects for the near future, as well as the possibilities for the Local Future beyond.
"A key point is that, without knowing what all could happen in the world of finance, it is very difficult to predict timing of things. Nicole has been vocal about the coming unraveling for many years, but without knowing the timing, sounding the alarm is at best planting seeds in many, seeds that may be starting to grow."
*****
About Nicole Foss
Nicole M. Foss is co-editor of The Automatic Earth, where she writes under the name Stoneleigh. She and her writing partner have been chronicling and interpreting the on-going credit crunch as the most pressing aspect of our current multi-faceted predicament. The site integrates finance, energy, environment, psychology, population and real politik in order to explain why we find ourselves in a state of crisis and what we can do about it. Prior to the establishment of TAE, she was previously editor of The Oil Drum Canada, where she wrote on peak oil and finance.
Foss runs the Agri-Energy Producers' Association of Ontario, where she has focused on farm-based biogas projects and grid connections for renewable energy. While living in the UK she was a Research Fellow at the Oxford Institute for Energy Studies, where she specialized in nuclear safety in Eastern Europe and the Former Soviet Union, and conducted research into electricity policy at the EU level.
Her academic qualifications include a BSc in biology from Carleton University in Canada (where she focused primarily on neuroscience and psychology), a post-graduate diploma in air and water pollution control, the common professional examination in law and an LLM in international law in development from the University of Warwick in the UK. She was granted the University Medal for the top science graduate in 1988 and the law school prize for the top law school graduate in 1997.
Bio snipped from Happen Films: "Economist Nicole Foss is co-editor of The Automatic Earth. Here she provides easy-to-understand answers in response to questions on peak oil, financial crisis, energy descent, resilience, community, and simple living."
Very nice looking and sounding interview with Nicole from about five years ago, again via Happen Films:
youtube.com/watch?v=AdNvmIfyQPY
Other search results on YouTube -- notice a number of the most recent results are just reposts of earlier recordings:
youtube.com/results?search_query=%22nicole+foss%22+-tug+-shop+-piphany+-%22dominic+green%22&sp=CAI%253D
theautomaticearth.com/tag/nicole-foss
theautomaticearth.com/author/stoneleigh
About Aaron Wissner
Aaron Wayne Wissner is the founder of Local Future, a 501(c)(3) tax-exempt educational non-profit and a teacher of 25+ years. His mission is to help people, and humans as a whole, to have accurate, truthful, and relevant information so they can survive and thrive, no matter what the future holds.
facebook.com/aaron.wissner.9
youtube.com/user/newculture
lifeishnowish.blogspot.com
First Uploaded 202004301900 UTC Aaron Wayne Wissner





![Nicole Foss - How I Prepared My Home for Peak Oil and Economic Uncertainty
http://sustainabilityconference.org
Nicole Foss, senior editor of financial blog The Automatic Earth, where she writes as Stoneleigh, describes her personal preparation for peak oil and economic uncertainty.
Foss returns to North America in November 2011 for the International Conference on Sustainability, Transition and Culture Change: Vision, Action, Leadership organized by Local Future non-profit, and directed by Aaron Wissner.
Foss has delivered her Century of Challenges talk hundreds of times.
1. The first 20-minutes of her talk regarding peak oil is available here:
http://www.youtube.com/watch?v=BJKZT5TNjYw
2. To view her full talk, visit The Automatic Earth at:
http://theautomaticearth.blogspot.com
3. To view a full Q&A session with Mrs. Foss, following her presentation, click here:
http://www.youtube.com/watch?v=eKMnBeZzLqk
To learn more about Mrs. Foss, visit:
http://sustainabilityconference.org/nicole_foss.htm
Foss is a biologist, an environmental attorney, an energy industry insider, and an expert in the economics of finance. Foss believes that resource limits (peak oil) and the collapse of global Ponzi finance are a perfect storm of converging phenomena that threaten to trigger wealth destruction, social discontent, and global conflict. The consequences for unprepared individuals and families could be dire.
In Fosss presentation A Century of Challenges, she discusses the many converging factors that are contributing to the predicament we face today, and how individuals can build a lifeboat to cope with the difficult years ahead. She explains how our current financial system is an unsustainable credit bubble grounded in Ponzi dynamics, or the logic of the pyramid scheme.
Foss argues that this crisis has developed in the context of the fossil fuel age, an age which will prove to be a relatively brief period of human history. She says that we have already seen oil reach a global production peak, and other fossil fuels are not far behind; and while there is still plenty of fossil fuel in the ground, production will fall, meaning that there will be less and less energy available to power the economy at prices afford to pay.
Foss continues that societies have gone through boom and bust cycles before, examples include: the Tulip Mania, the South Sea Bubble and the Real Great Depression of the 1870s; but most people in the Western world today will face this crisis without the knowledge or means to provide the basics of their own survival. The industrial system has nearly destroyed the individual capacity for self-reliance.
Foss argues that individuals and communities that take steps now to prepare stand a much better chance to thrive in a changing world.
Warwick University says of Fosss work, [she] writes a finance blog with a difference; instead of saying how to make money, it tells ordinary people how to avoid losing it.
Foss travels extensively on speaking tours throughout North America, Europe and Australia.
Background
Nicole M. Foss is co-editor of The Automatic Earth, where she writes under the name Stoneleigh. She and her writing partner have been chronicling and interpreting the on-going credit crunch as the most pressing aspect of our current multi-faceted predicament. The site integrates finance, energy, environment, psychology, population and real politik in order to explain why we find ourselves in a state of crisis and what can be done about it. Prior to the establishment of TAE, she was editor of The Oil Drum Canada, where she wrote on peak oil and finance.
Most recently, Foss ran the Agri-Energy Producers Association of Ontario, where she focused on farm-based biogas projects and grid connections for renewable energy. While living in the UK she was a Research Fellow at the Oxford Institute for Energy Studies, where she specialized in nuclear safety in Eastern Europe and the Former Soviet Union, and conducted research into electricity policy at the EU level.
Her academic qualifications include a BSc in biology from Carleton University in Canada (where she focused primarily on neuroscience and psychology), a post-graduate diploma in air and water pollution control, an LLM in international law in development from the University of Warwick in the UK. She was granted the University Medal for the top science graduate in 1988 and the law school prize for the top law school graduate in 1997. Nicole Foss - How I Prepared My Home for Peak Oil and Economic Uncertainty](https://i.ytimg.com/vi/ESYAix1QD1E/mqdefault.jpg)




