Nicole Foss & Aaron Wissner 2020 07 13 Limits, Peak Oil, Interest, Mortgages, News | The Deep Shock @LocalFuture
Nicole Foss & Aaron Wissner 2020 07 13 Limits, Peak Oil, Interest, Mortgages, News | The Deep Shock  @LocalFuture
Uploaded July 2020 | Updated September 2026, 2 hours ago
What is going on and in the news in the USA and the world especially in light of the coronavirus, peak oil, climate change, economic depression and organizational and political corruption?
14:19 Nicole Foss Joins Call: Tip: Set Playback Speed to 2x, 1.75x, or 1.5x

0:00 Aaron's Intro & Welcome
2:55 Recent Calls: Daryl Taylor, Robert Rapier, Richard Heinberg, David Korowicz, DiAnna Ritola
11:19 Most Viewed Videos: Steve Keen, Daniel Quinn, Nicole Foss, Gail Tverberg, Peter Bane

13:56 Nicole Foss online - She's invited Stephanie Rearick to join a future call.
15:51 Down to Business: Limits, Boundaries, Sustainability & Mad Max
18:47 Closed borders: USA & Canada, especially in British Columbia & Washington, couples
22:05 Tikopia, islands, small communities, sustainability, tragedy of the commons
25:22 Message in a Bottle (Tikopia) series: youtube.com/channel/UCQ2I8IWfEQH0nNAHQJQqweQ/videos
27:46 Mutual coercion mutually agreed upon, Garrett Hardin, tragedy of the commons

32:14 Formal Introductions and Peak Oil consequences
35:41 Peak Oil Q: What do you think is leading us towards a “local future” ? Have you seen the HSBC Banks 2017 report which concludes Oil outputs will imminently decline 5-8% / year?
44:34 From which nations is the USA going to get all its oil? military, middle east, Venezuela
47:22 Saudi Arabia & USA deal, Matthew Simmons "Twilight in the Desert", fundamentalism
50:31 Canadian tar sands uneconomical extraction, ERoEI, energy return on investment
51:56 ERoEI example: The Distant Gas Station, using more energy then getting back
54:27 The Discount Rate: long vs short term, crisis management, markets, short termism
58:39 Has this model of capitalism failed? expansion & economic freedom vs contraction
1:02:21 The Matrix film series analogy; historical cycles: small, medium, large, huge
1:08:35 A visual of the "local future" -- maybe living a lifetime within 5-miles of home, etc.
1:11:19 Viewers Questions: coronavirus, Daryl Taylor, frustration with talking with others

1:14:19 What will happen to interest rates? (mortgages, negative, cash, hard goods, etc)
1:33:55 What about mortgage fixed interest rates?
1:37:32 Feed-in tariff (renewable energy) rates
1:39:49 Walking away from underwater mortgages (jingle mail, non-recourse loan, crisis)
1:46:12 Benefits of renting (Housing: renting vs mortgaging vs owning debt free)
1:49:32 Rental rates differences
1:53:15 Unemployment, under-employment, moving back home, falling wages
1:55:18 Tiny homes, downsizing, campers, renting, 400 sq ft, 200 sq ft, etc
2:01:20 Do you think we'll have a debt holiday? Why not? debt jubilee, debt cancellation, land

2:14:42 The news update for the past few weeks: covid-19, assemblies, defunding police
2:21:41 Will school open in September? Masks or no masks? current New Zealand cases
2:23:58 When will the borders open? International tourism? camping holidays, pro sports
2:29:53 Issues with the virus and with vaccines, antivaxers, polio, HPV, Gardasil ban, flu
2:40:12 Eviction crisis and food shortage or food supply crisis, "useless eaters"
2:42:32 What's going on with the Trump vs Biden race? polls favor Biden, dirty politics
2:44:59 Commuting sentence of Roger Stone (self-pardon, impeachable offence, William Barr)
2:52:16 Corruption opponents: Justin Amash, Joe Walsh, Tom Nicols, Rick Wilson, George Conway
2:57:45 Fracturing of parties, Overton Window in the USA, centrist-right democratic party, etc
2:58:42 Socialized medicine & health insurance costs: coinsurance, copays, taxes, dual-citizenship
3:02:26 Nicole's Paypal email: StoneLeigh49@gmail.com to thank her for her service
3:03:38 Russia paying bounties to Taliban for dead American soldiers in Afghanistan
3:06:05 Dictatorship, ignoring government, "pathological kleptocracy", authoritarian playbook

3:10:55 Five things people can do to be proactive
1. get to know your neighbors, make friends, build relationships of trust
2. get out of debt, reduce living costs as much as possible,
3. have control of the essentials of your own existence
4. set up a small business with local inputs and outputs
5. pool resources, consolidate assets, and consider having more people on one property

3:17:21 Inviting Stephanie Rearick of the Mutual Aide Network to a future call

Futurist Nicole Foss is the creator of Foss.Blog where she provides easy-to-understand answers in response to questions on peak oil, financial crisis, energy descent, resilience, community, and simple living.

http://www.foss.blog/

Aaron 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 humans to have accurate, truthful, and relevant information so they can thrive, no matter what the future holds.

lifeishnowish.blogspot.com

Broadcast live: 202007132300 UTC © Copyright 2020 Aaron Wayne Wissner, All Rights Reserved.
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Nicole Foss & Aaron Wissner 2020 07 13 Limits, Peak Oil, Interest, Mortgages, News | The Deep Shock

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