Once a year David Collum writes a summary of the previous year with a focus on the economy and investing. I think it is the best big picture economic summary available anywhere.
Over the years I have collected a large library of books, articles, and video. If I had to chose only one item that best explains what is going on, this talk by Nate Hagens would be it.
Enjoy.
And here is a different version of the same talk targeted at a younger audience with less background knowledge.
This is my favorite talk on limits to growth, the most important topic almost no one discusses, including people who should know better, like the Green Party.
Note that Murphy does not mention the explosive worldwide growth in debt, which is the only reason the game has continued longer than engineers like myself predicted it should.
The problem with our reliance on debt is that when the correction comes, it will be much more violent and damaging than it needed to be, which is another topic that the Green Party, and almost everyone else, does not discuss.
In summary, the most important things we should be discussing, are the things we never discuss.
Isn’t that an amazing behavior for an otherwise intelligent species?