VAL2011 Nicole Foss, Steve Keen, Tom Greco - Forecasting 2012 & Beyond - Q n A - 1 of 2 @LocalFuture
VAL2011 Nicole Foss, Steve Keen, Tom Greco - Forecasting 2012 & Beyond - Q n A - 1 of 2  @LocalFuture
Uploaded June 2012 | Updated September 2026, 15 minutes ago
Economists Nicole Foss (The Automatic Earth), Steve Keen (Debunking Economics), and Tom Greco (The End of Money) are interviewed by Aaron Wissner (Local Future) regarding what to expect in the world economy in 2012 and beyond.

This video was recorded at the 2011 International Conference on Sustainability, Transition and Culture Change: Vision - Action - Leadership which was organized by Local Future, a 501(c)3 non-profit educational organization, and directed by Aaron Wissner.

localfuture.org

QUESTIONS, KEYWORDS, NOTES

What about sending everyone a tax refund check that had to be used to pay off mortgages and loans?

Bernanke "quantitative easing" "Jubilee shares" speculation

What would you not be surprised to see in the news headlines in 2012 out of Europe?

Greece Italy Spain PIIGS "military coup" Portugal debt "Euro zone" GDP bubble "European Union"

If I was a person living in Greece, and I had some Euros, what does it mean for Greece not to be on the Euro? What is the process for currency reissue?

"currency flight" "capital controls" Argentina Mylasia

Could capital controls happen in US?

"reserve currency" Keynes "Breton Woods" "special drawing rights" SDR seniorage "printing money" "multilateral clearing" Europen "legal tender" "currency peg" debt

Headline: "War Declared in Europe!" What's your first thought on how that might have happened?

"diversionary war" Kuwait Iraq oil Libya NATO "popular uprising" Egypt "civil war" 1929

Are you implying that the structure of the economic system itself had something to do with the depression and that in turn caused the second World War to happen?

"The Economics Consequences of the Peace" repirations Hitler Germany rearmament unpayable France unemployment "financial crisis" "balance budget" deficit "welfare payment system" contrarian
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VAL2011 Nicole Foss, Steve Keen, Tom Greco - Forecasting 2012 & Beyond - Q n A - 1 of 2

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