Friday, April 13, 2012

Is Canada Ignoring Signs of a Coming Economic Collapse?

With a fragile situation in Europe and wild volatility in global financial markets over the last few months, what's in store for Canada?

This February, Vancouver will host Nicole Foss and Richard Heinberg, two people who have said for years that the paradigm of economic growth is ending forever, and that the consequences will be dire -- even for wealthy Canada.

In January 2008, Foss co-founded The Automatic Earth (TAE), named after Paul Simon's song about the boy in the bubble. Along with her co-writer (who contributes under the pen name Ilargi), the site has grown from a side project into garnering enough traffic to place it amongst the world's top financial blogs.

"I try to explain to people how to take it one step at a time," says Foss, who relocated from her research fellow position at Oxford to a farm in Ontario in 2000. "It is easy to get paralyzed by the enormity of what's happening, but if we look at it one step at a time... it doesn't have to be overwhelming, and we'll just keep putting one foot in front of the other." Read more.......

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