Strong Towns | This Ponzi Scheme Might END Suburban Prosperity @strongtowns | Uploaded March 2023 | Updated October 2024, 5 hours ago.
Join a local conversation in YOUR neighborhood strongtowns.org/local
Come to our National Gathering! strongtowns.org/national-gathering
Vote in our Strongest Town Contest: strongtowns.org/strongesttown
Merch: strongtowns.org/shop
Lots of case studies here: strongtowns.org/journal/2020/8/28/the-growth-ponzi-scheme-a-crash-course
The Growth Ponzi Scheme, also called the "Municipal Ponzi Scheme," is a core Strong Towns insight describing the financial characteristics of post-war North American growth patterns.In the Growth Ponzi Scheme, municipalities receive the modest near-term financial benefits from new development in exchange for the larger long-term financial commitments of providing ongoing service and maintenance.
The Growth Ponzi Scheme is not nefarious; there is not a specific individual or group that has created it for their own benefit. It has emerged from a broad cultural consensus about economic growth, development patterns, and debt. So what can you do?
Lafayette Study: urbanthree.com/case-study/lafayette-la
Michel Durand-Wood article: strongtowns.org/journal/2021/1/3/death-of-a-car-city
Intro Clip: pikeoffota.com
Donate to Strong Towns: strongtowns.org/membership
00:00 OG Ponzi Scheme
01:18 The Growth Ponzi Scheme
02:21 Reasonable Pushback
03:47 Mr. Beast Analogy
05:57 What Now?
08:30 Where Do YOU Start?
Join a local conversation in YOUR neighborhood strongtowns.org/local
Come to our National Gathering! strongtowns.org/national-gathering
Vote in our Strongest Town Contest: strongtowns.org/strongesttown
Merch: strongtowns.org/shop
Lots of case studies here: strongtowns.org/journal/2020/8/28/the-growth-ponzi-scheme-a-crash-course
The Growth Ponzi Scheme, also called the "Municipal Ponzi Scheme," is a core Strong Towns insight describing the financial characteristics of post-war North American growth patterns.In the Growth Ponzi Scheme, municipalities receive the modest near-term financial benefits from new development in exchange for the larger long-term financial commitments of providing ongoing service and maintenance.
The Growth Ponzi Scheme is not nefarious; there is not a specific individual or group that has created it for their own benefit. It has emerged from a broad cultural consensus about economic growth, development patterns, and debt. So what can you do?
Lafayette Study: urbanthree.com/case-study/lafayette-la
Michel Durand-Wood article: strongtowns.org/journal/2021/1/3/death-of-a-car-city
Intro Clip: pikeoffota.com
Donate to Strong Towns: strongtowns.org/membership
00:00 OG Ponzi Scheme
01:18 The Growth Ponzi Scheme
02:21 Reasonable Pushback
03:47 Mr. Beast Analogy
05:57 What Now?
08:30 Where Do YOU Start?
